Tag: PSD2

Most banks in Denmark will be ready for PSD2 by its implementation date, although the quality of the APIs will be debated – and there are concerns around the readiness for Strong Customer Authentication (SCA), according to Tobias Thygesen director of FinTech, payment services and governance division at Finanstilsynet.

The European Banking Authority (EBA) has published a new set of clarifications regarding APIs under PSD2.

The San Francisco and London-based platform provider of digital identity management solutions ForgeRock has made its Open Banking Accelerators available to kick-start compliance with new regulatory standards.

Ontario-based Carta Worldwide, the transaction processing solutions provider, has partnered up Konsentus, the identity and regulatory checking services. The partnership will help ensure Carta Worldwide’s clients are compliant with EU’s Revised Payment Service Directive (PSD2).

The final rules of the EU’s Revised Payment Service Directive (PSD2) snap into action in September. Now Kaleyra, an in-mobile messaging service for banks and companies, and Epiphany, a RegTech startup specializing in PSD2 compliance have joined forces to ensure financial services businesses can comply with the changes.

Behavioural biometrics company BehavioSec has released new tools which improve new account fraud detection.

The Open Banking Implementation Entity (OBIE) has recommended an improvement to the payments capabilities and refund functionality.

Payment testing company FIME is releasing a new kit named TrustAPI, a fully automated test tool for open banking application programming interfaces (APIs), software allowing two different programs to communicate.

Norwegian bank group SpareBank 1 has picked Nets Access to Account Services (NAAS) to support its open banking infrastructure.

Finologee has expanded the reach of its PSD2 compliance services to 18 more countries through new partnership with Swiss private banking platform New Access.