How does Frienton protect access to my data?

We are well aware of the sensitive nature of your company’s data. This is exactly why we don’t accept any compromises regarding that matter and guarantee data security at bank level. For data transmission Frienton applies the highly secure TLS protocol with an AES-256-BIT encryption in line with common bank standards.

All sensitive data such as passwords and account transactions is protected via state-of-the-art encryption technology.

Your data is hosted and processed by our well-regarded & highly reliable partners exclusively on German servers in full compliance with all GDPR requirements.

Our most important partners are:

• Amazon Web Services (AWS) – trusted cloud-computing provider of the biggest German corporations with highly secure data center in Frankfurt a. M.
• d.velop – GoBD-compliant provider for the storage and archiving of documents
• finAPI – BaFin-regulated account information and payment initiation service provider

Our partnership with d.velop guarantees for an audit-proof and GoBD-compliant archiving of all your business documents such as invoices, receipts and tax papers for the required duration of up to 10 years.

Access to your bank and account data is established exclusively via the BaFin-certified interface of our trusted partner finAPI in full compliance with the EU Payment Services Directive 2 (PSD2). Your login credentials and all other information needed to gain access to said data is captured and processed directly within finAPI’s protected web environment. Frienton doesn’t maintain any direct relationships to its users’ banks. Data transmission is always safely encrypted.

Your banks’ respective PSD2-compliant security standards apply in order to protect your bank and account data from any form of unauthorised access. These standards also include the regular stipulation of the so called “strong” two-factor authentication. Frienton holds no control over the type and intervals of the corresponding queries.

The use of weak passwords bears a considerable risk regardless of all other security measures in place. So please make sure to set a strong password and consider the activation of two-factor authentication for the access to the Frienton platform.

Updated on: 01/11/2025