Security
Your data. Your privacy. Our priority.
At AffordX, your privacy and data security are our top priorities. You have full control over what information you choose to share, who can access it, and how it's used.
You control your own data
You have full control over what information you choose to share, who can access it, and how it's used. We use bank-grade encryption and secure authentication to ensure your data stays protected at all times. With AffordX, you're always in the driver's seat.
We handle your data with great care
We do not have access to, nor do we store, your banking credentials. We work with a trusted open-banking data provider to securely retrieve your financial data. We employ a one-off access mechanism, which grants temporary access to your banking information — significantly minimising security risks and limiting data exposure.
Industrial-standard data policy
We are committed to maintaining the highest standards of data security and privacy, ensuring that sensitive financial information is handled with the utmost care. Our data policy aligns with industry best practices, regulatory requirements, and international standards to provide robust protection for customer and partner data.
Security measures
Security is the highest priority at AffordX when designing our products and processes.
Secure cloud infrastructure
We use modern cloud services (AWS) to leverage their world-leading infrastructure and security controls.
Encryption
AffordX uses encryption protocols such as SSL/TLS to secure data transmission between users, brokers, and the platform — protecting personal and financial information from being intercepted during data exchanges.
Simplicity over complexity
Simplicity in security architecture means fewer components, clearer designs, and less room for configuration errors. A complex system involves multiple layers of software, hardware, and integrations, each a potential point of attack. Simplifying systems and reducing unnecessary components directly reduces the attack surface, making it harder for malicious actors to find exploitable weaknesses.
Banking data protection via Akahu
AffordX integrates Akahu services to retrieve customers' banking data securely. Akahu is known for its strong API security and compliance with financial data protection standards, ensuring that customer data is only accessible through authorised and secure channels.