Software Alternatives, Accelerators & Startups

PERFIOS VS Teller API

Compare PERFIOS VS Teller API and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

PERFIOS logo PERFIOS

Web based Applications to automate the entire process of financial checks, verification and...

Teller API logo Teller API

A single API to connect your app with any bank's account
  • PERFIOS Landing page
    Landing page //
    2023-05-05
  • Teller API Landing page
    Landing page //
    2023-10-22

PERFIOS features and specs

  • Comprehensive Financial Analysis
    Perfios provides robust analytical tools for financial institutions to analyze and interpret financial data efficiently, allowing for better credit assessments and improved decision-making processes.
  • Automation and Efficiency
    The platform automates the gathering and processing of financial data, reducing manual efforts and increasing the speed of credit evaluation and other financial services.
  • Wide Range of Integrations
    Perfios supports integration with various financial data sources and APIs, allowing users to work with a comprehensive set of data for thorough financial analysis.
  • Data Security
    The platform is equipped with high-level security measures to protect sensitive financial data, ensuring compliance with data protection regulations.

Possible disadvantages of PERFIOS

  • Complexity for New Users
    The comprehensive features and tools available on Perfios can be overwhelming for new users, requiring a learning curve to become fully proficient in utilizing the platform effectively.
  • Cost Considerations
    For small financial institutions or businesses, the cost of using Perfios might be a concern compared to other simpler, less expensive alternatives.
  • Dependency on Digital Data
    The effectiveness of Perfios is highly reliant on the availability of digital financial data, which might not be accessible in all regions or for all financial transactions, limiting its utility in some cases.

Teller API features and specs

  • Real-Time Data Access
    Teller API provides real-time access to financial data, allowing businesses to retrieve up-to-date information on user accounts, transactions, and balances.
  • Comprehensive Coverage
    The API supports a wide range of financial institutions, providing comprehensive data coverage across different banks and financial services.
  • Ease of Integration
    Teller offers a well-documented API with developer-friendly tools and resources, which simplifies the integration process for developers.
  • Security
    Teller prioritizes security with features such as encrypted connections and secure data handling practices, which help protect sensitive financial information.
  • User-Centric Permissions
    Allows users to have control over what data is shared and with whom, ensuring that user consent is prioritized in data transactions.

Possible disadvantages of Teller API

  • Limited Geographic Coverage
    The API is predominantly focused on the US market, which might limit its utility for businesses operating in other regions.
  • Dependency on Financial Institutions
    The functionality of Teller API can be limited by the level of integration and cooperation with individual banks, which can affect data accuracy and availability.
  • Costs
    Depending on the scale of usage, the costs associated with using Teller API can be significant, particularly for small businesses or startups on tight budgets.
  • Implementation Complexity
    Although integration is designed to be straightforward, implementing the API effectively may require a certain level of technical expertise, which could be a barrier for some businesses.
  • Data Privacy Concerns
    Handling sensitive financial data always raises privacy concerns, and any breaches or misuse could have significant repercussions for both users and businesses.

PERFIOS videos

Introduction to Perfios - A Smart way to manage your finances

More videos:

  • Review - What makes employees stay long at Perfios?
  • Review - PERFIOS - Realtime Data Analysis and Decisioning Solutions | Fintech Company

Teller API videos

No Teller API videos yet. You could help us improve this page by suggesting one.

Add video

Category Popularity

0-100% (relative to PERFIOS and Teller API)
APIs
100 100%
0% 0
Online Payments
0 0%
100% 100
Fintech
100 100%
0% 0
Recurring Billing
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Teller API seems to be more popular. It has been mentiond 12 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

PERFIOS mentions (0)

We have not tracked any mentions of PERFIOS yet. Tracking of PERFIOS recommendations started around Mar 2021.

Teller API mentions (12)

  • Show HN: Wealthfolio: A Private, Open-Source Investment Tracker
    I have found https://teller.io to be really good for this. They are more affordable than Plaid too at the lower end of scale. - Source: Hacker News / 9 months ago
  • Do I have to consider Flutter App as any other web app like React or HTML? To consider the code can be viewed by users?
    However! A determined user can still do something like load the app on a phone in an Android or iOS simulator, then watch all outgoing API calls and basically reverse-engineer how things work. This is how Teller wrote their system -- they loaded up bank apps onto a simulator and basically reverse-engineered the API for the various banks. Source: over 2 years ago
  • Anyone aware of an SDK/service to connect to bank accounts and credit card transactions?
    I haven’t used it and I couldn’t find their pricing, but there is also Teller. https://teller.io. Source: almost 3 years ago
  • Update 1.5 for YNAB alternative OpenBudgeteer now available
    Have you considered integration with a free api to import transactions? Source: over 3 years ago
  • Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app
    Congrats on the launch! I'm the CEO and co-founder of https://teller.io that uses private mobile banking APIs to provide access to bank accounts too, and you're right it's the way to go. We don't think regulation or OAuth based APIs will ever yield an improvement on this approach (explained why here - https://blog.teller.io/2021/06/21/our-mission.html) You're going to quickly find out that these API endpoints are... - Source: Hacker News / over 3 years ago
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What are some alternatives?

When comparing PERFIOS and Teller API, you can also consider the following products

Signzy - Signzy provides Digital Onboarding, identity verification, eSign & Contracting - Platforms & APIs to help businesses meet KYC, KYB AML regulations in Banking, Insurances, Financial services , Automobile, Payments, etc

ACH payments with Stripe - Accept bank payments with a few lines of code.

Gridlines.io - APIs for every use case

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Digitap.AI - AI/ML-enabled solutions for seamless onboarding, risk control & data insights. The suite includes verification, data aggregation & digital services (eKYC, Digilocker, e-Sign, e-Nach).

TrueLayer - Simple Bank APIs to access real-time financial data