How Fiscility Works

We use bank-level security and industry-standard technology to safely connect to your accounts. Here's exactly how we access your data, what we do with it, and how we protect it.

Simple, secure, and transparent

Here's exactly how Fiscility works, step by step.

1

You Connect Your Accounts

Using Plaid's secure connection, you link your bank accounts through their encrypted interface.

  • You enter your banking credentials directly into Plaid's secure portal
  • Plaid verifies your identity with your bank
  • We never see or store your banking passwords
  • Connection is established with read-only permissions
2

We Safely Import Your Data

We securely retrieve your historical transactions and account balances using bank-approved APIs.

  • Only transaction history and account balances are accessed
  • We pull the last 2 years of transaction data
  • No access to Social Security numbers or sensitive personal data
  • All data transfer uses 256-bit SSL encryption
3

Your Data is Protected

All information is encrypted, stored securely, and never shared with third parties.

  • Data encrypted both in transit and at rest
  • Stored in SOC 2 certified data centers
  • We never sell your data to anyone
  • Only you can access your financial information
4

You Get Powerful Insights

We analyze your data to provide personalized financial insights and reporting.

  • Automatic transaction categorization
  • Spending pattern analysis
  • Personalized financial reports
  • Real-time dashboard updates

Powered by Plaid

We use Plaid, the same technology trusted by the world's largest financial apps, to securely connect to your bank accounts.

Industry Standard

Plaid is used by thousands of financial apps including Venmo, Robinhood, and Acorns.

Bank Approved

Plaid has direct partnerships with major banks for secure, authorized access.

Trusted by Millions

Over 200 million consumers have connected their accounts through Plaid.

What We Access

We only access the minimum data needed to provide financial insights:

  • Transaction history (merchant, amount, date, category)
  • Account balances (checking, savings, credit cards)
  • Account names and types
  • Institution information
✕

What We Never Access

We never access sensitive personal information or gain control of your accounts:

  • ✕
    Social Security numbers
  • ✕
    Account passwords or PINs
  • ✕
    Check images or deposit slips
  • ✕
    Ability to move money or make transactions
  • ✕
    Personal identification documents
  • ✕
    Credit reports or scores

Why Plaid?

Plaid is a regulated financial technology company that enables secure connections between your bank and apps like Fiscility. They're used by over 8,000 financial apps and have processed billions of transactions safely. When you connect through Plaid, your login credentials are encrypted and never stored by us.

Learn more about Plaid's security →

How We Use Your Data

We only use your financial data to provide the insights and analytics you've requested. Here's exactly what we do with your information.

Transaction Categorization

We analyze merchant names and transaction patterns to automatically categorize your spending.

Example: "Starbucks Coffee" → Food & Dining → Coffee

Spending Analytics

We create charts and insights showing your spending patterns across different categories and time periods.

Example: Monthly spending trends, category breakdowns, budget vs actual

Financial Reporting

We generate personalized reports and summaries based on your transaction history.

Example: Weekly summaries, monthly overviews, quarterly analysis

Predictive Insights

We use your historical data to predict future cash flow and identify potential issues.

Example: Cash flow forecasting, unusual spending alerts, budget projections

Our Data Protection Promise

We're committed to protecting your privacy and using your data responsibly.

Your data is never sold to third parties
We never share your information with advertisers
No data is used for marketing purposes outside Fiscility
You can export or delete your data at any time
Data is only used to provide the services you signed up for

Data Retention Policy

1

Active Account

Indefinitely (while active)

While your account is active, we retain your transaction data to provide ongoing insights.

2

Account Deletion

Deleted within 30 days

When you delete your account, all personal data is permanently removed from our systems.

3

Legal Compliance

Up to 7 years (anonymized)

Some anonymized data may be retained for legal and regulatory compliance purposes.

Bank-Level Security

Your financial data is protected with industry-standard security measures and encryption.

Bank-Level Encryption

All data is encrypted using AES-256 encryption, the same standard used by major banks and government agencies.

Technical: 256-bit AES encryption in transit and at rest

Read-Only Access

We can only view your account information. We cannot move money, make transactions, or access your banking credentials.

Technical: API permissions limited to read-only transaction and balance data

Secure Infrastructure

Our servers are hosted in secure data centers with monitoring and security measures in place.

Technical: AWS infrastructure with VPC isolation and monitoring

Additional Security Measures

Two-factor authentication for your Fiscility account
Regular security monitoring and updates
Automated threat detection and monitoring
Zero-knowledge architecture where possible
Regular security training for all employees
Incident response plan with monitoring

Security Concerns?

If you notice any suspicious activity or have security concerns, please contact us immediately.

Email Security TeamContact Support