BankShift approached Kunai in 2020 to build their platform.
The idea was to connect existing banks, credit cards, loans, and investments onto an app that could provide a comprehensive overview of users' financial situations. Built-in insights engines would also help users identify areas for improvement. Additionally, the BankShift platform would also better visualize a user's credit visibility, making it easier for them to make smart financial decisions.
Overall, BankShift would be designed as an easy and convenient way for people to manage their money, regardless of where they bank or what financial accounts they have.
However, as Kunai helped BankShift flesh out the details for their project, they ran into a roadblock:
BankShift would be a bonafide banking app.
The scope of BankShift’s app exceeded that of a ‘data aggregator platform.’ With such sophisticated PII access, financial data analysis, and money movement– BankShift would require cutting edge, banking-level security.
With Kunai’s experience working in financial security and expertise with cybersecurity best practice, they would be building the BankShift platform with compliance and security top-of-mind.