User Onboarding Journey
Registration
Step 1: Register
The user initiates the onboarding by submitting a registration request via the frontend
Basic user or company details are captured.
Step 2: Verify KYC
The backend triggers KYC verification through integrated services or internal checks.
User identity or company data is validated based on predefined KYC rules.
Step 3: Check KYC Result
If KYC is Passed
Proceed to Authentication.
Terminate the flow and return an error (user cannot proceed further).
Step 4: Authenticate
The user is authenticated using credentials or oAuth-based methods.
Secure authentication ensures that the identity matches the registered record.
Step 5: Access Account API Sandbox
Once authenticated, the user gains access to a sandbox environment or real Open Banking services (depending on the stage).
API access is typically enabled at this point for next steps.
Step 6: Terminator
The Registration process ends here successfully, with the user now onboarded.
Access Account Information
Step 1: Request for Accounts
The onboarded user or application makes a request to retrieve account data via the frontend.
Step 2: Check User Consent
The system verifies whether the user has already approved the necessary consent for account access.
Step 3: Check KYC Result
If KYC is Passed
Proceed to next step
Redirect user to Approve Consent screen.
Once approved, loop back to account request handling.
Step 4: Get Accounts from Account Broker
Account broker microservice securely retrieves approved user account data from the bank.
This ensures secure abstraction between the client and core open banking services.
Step 5: Retrieve Account ID
The system fetches the user's account ID(s) from the account broker response.
These IDs are then used to retrieve or display further banking details.
Step 6: Terminator
The flow ends successfully with account data now accessible to the user or application.