How to Build Your Own Mastercard Open Finance
Replace Mastercard Open Finance with a custom build. Shape the future of digital finance - Powering secure payments and data connections between people and businesses
Build Difficulty: 4/5
A few focused days to build a solid replacement
Estimated Timeline
Based on 14 features at Few Days difficulty, expect about 3-5 days with AI-assisted development.
Recommended Tech Stack
Full-stack React framework with API routes and server components
PostgreSQL database, auth, and real-time subscriptions
Utility-first styling for rapid UI development
Key Features to Replicate
Top features across 8 categories. See all 14 features
Payments(4 features)
Enable secure and simple account-to-account payments from any platform across financial ecosystems
Automatically update payment methods to make account transitions seamless
A direct deposit switching solution built for the digital future with no payroll forms required
A unified payments platform designed to simplify global commerce and support business expansion
Fraud Prevention(2 features)
Gain insights on authorized users, onboard more customers with confidence while reducing account opening fraud
Reduce costly payment failures and fraud to protect revenue and improve consumer experiences
Business Intelligence(1 features)
Gain real-time insights to identify cashflow gaps, streamline payment reconciliation and better manage working capital
Data Management(1 features)
Engage customers with clean, enriched financial data across multiple account types and providers
Financial Management(1 features)
Connect consumers and businesses to seamless and secure financial data for smarter personal finance management solutions with real-time visibility into transactions for better money management
Identity Verification(1 features)
Deliver a seamless account opening experience with permissioned data to verify account owner identities, details and balances for faster onboarding and funding
Infrastructure(1 features)
High-scale API platform servicing 15+ billion API calls globally each year with 95% of U.S. deposit accounts, all Australian banks and nearly 3,000 European banks connected
Lending(1 features)
Increase approvals with more accurate and inclusive credit scores that use consumer data, always with their consent, while mitigating underwriting risks and driving financial inclusivity
Cost Calculator
Pricing data not available for Mastercard Open Finance. Check their website for current pricing.