Periodic bulk data import from third-party financial institutions

Periodic Bulk Data Import from Third-Party Financial Institutions

1.1. Purpose
- Automate scheduled import of financial transaction data from external banks, credit unions, PSPs, and fintechs to support tax filing, taxpayer audits, VAT assessments, and revenue reporting.
- Ensure standardized, validated, and up-to-date datasets for Italian Revenue Service (Agenzia Entrate), feeding calculations, reconciliation, risk scoring, and compliance audit workflows.
- Enable secure, repeatable, and non-intrusive data collection that scales with institution quantity, legal compliance, data retention, and audit-logging requirements.

1.2. Trigger Conditions
- Configured periodic scheduler: daily, weekly, monthly triggers.
- Manual override: instant admin-initiated run (permissions required).
- Change Data Capture (CDC): run imports only when new or updated data is detected at provider.
- Error-based trigger: retry missed or failed imports (with threshold/interval logic).

1.3. Platform Variants
1.3.1. Plaid
• Feature/Setting: "/transactions/get" API — configure for scheduled retrieval of transactional data with OAuth2 credentials, webhook for update notifications.
1.3.2. Yodlee
• Feature/Setting: "/transactions" endpoint — use daily cron job and secure API key for batch downloads.
1.3.3. Figo
• Feature/Setting: "Transactions Service" — periodic polling with service tokens, parse structured outputs into tax system.
1.3.4. Salt Edge
• Feature/Setting: "/transactions" with consent session; configure consent expiry monitoring for recurring access.
1.3.5. TrueLayer
• Feature/Setting: "GET /transactions" — polling or webhook configuration with Client Secret and filter for account type.
1.3.6. FinTecSystems
• Feature/Setting: "Data Retrieval API" — set up time-based triggers, integrate with SCA (Strong Customer Authentication).
1.3.7. Tink
• Feature/Setting: Scheduled GET on the “Transactions” resource — OAuth session refresh with persistent user tokens.
1.3.8. Open Bank Project
• Feature/Setting: "/my/banks/BANK_ID/accounts/ACCOUNT_ID/transactions" — API app with automated refresh tokens, audit logging enabled.
1.3.9. Klarna Open Banking
• Feature/Setting: "GET /v1/transactions" — use batch import window and consent tracking for repeat jobs.
1.3.10. Nordigen (now GoCardless Bank Data)
• Feature/Setting: "GET /transactions" endpoint — set up recurring task via API key and bank connection ID.
1.3.11. Intesa Sanpaolo Open Banking
• Feature/Setting: /transactions endpoint — automate via OAuth2, configure market-specific data field mapping.
1.3.12. Nexi Open Banking
• Feature/Setting: Daily scheduled API calls for bank statement import, use HMAC for request signing.
1.3.13. BNP Paribas PSD2 API
• Feature/Setting: Regulatory access token setup, periodically fetch “/transactions” for each client.
1.3.14. ING Developer Portal
• Feature/Setting: Batch “GET Account Transactions” API, repeated with session management.
1.3.15. SIA Open Banking Hub
• Feature/Setting: Bank data batch import trigger via Secure Client SDK; enable webhook fallback.
1.3.16. Avaloq
• Feature/Setting: "Transactions API" scheduled pulls; set data currency normalization on ingest.
1.3.17. Banca Sella API
• Feature/Setting: Configure import automations using "GET /api/v2/accounts/{accountId}/transactions" endpoint.
1.3.18. Microsoft Power Automate
• Feature/Setting: Prebuilt connectors for 3rd party banks — schedule recurring import, map outputs to local ERP or tax filing database.
1.3.19. SAP Integration Suite
• Feature/Setting: REST adapter to financial provider APIs — automate workflows with monitoring and retry policies.
1.3.20. Workato
• Feature/Setting: Custom Recipe with HTTP connector — orchestrate multi-bank imports, set up error alerting and escalation steps.

1.4. Benefits
- Real-time, accurate financial data feeds for compliance, fraud detection, and taxpayer support.
- Eliminates manual CSV uploads; reduces error, ensures audit continuity, and speeds data processing cycles.
- Automatic error detection, retries, instant notifications, and granular access control for sensitive data.
- Seamless scaling as new partners, banks or finance channels come online or require onboarding.
- Centralized logging for transparency and regulatory audits; facilitates structured analytics and predictive modeling.