Flexible and extendable SaaS solution with all features and services
PSD2 API Solution
PSD2 API Solution of Qwist is built on the latest Berlin Group standard, our solution offers comprehensive features essential for PSD2 Open Banking compliance. Seamlessly integrate our solution to gain access to the mandatory dedicated interface (API) and all additional components required to meet the needs of Third-Party-Providers (TPP) and regulatory authorities (NCAs).
PSD2 Compliance
Meet the requirements of PSD2
The Payment Services Directive 2 (PSD2) forces banks and digital banking institutions to open up their systems to third parties. Due to high security, standardisation, and adoption requirements, the implementation proves to be a highly complex task, absorbing both human and financial resources within the financial institutions. This does not have to be the case: Using the all-in-one PSD2 solution from Qwist, many of Europe’s leading banks implement the regulatory requirements with standards in the most efficient and secure way.
Market-leading and future-proof PSD2 solution
Our PSD2 API solution provides banks and EMIs with a dedicated interface (API) for third party providers (TPPs) to achieve PSD2 Open Banking compliance. It contains configurable PSD2 APIs based on the latest Berlin Group standard, an integrated consent management and is able to manage TPPs and their certificates. Included in our package you will get thorough developer documentation, robust reporting capabilities, advanced monitoring & tracing functionalities, and a secure sandbox environment. Our solution is continuously updated and effortlessly integrates with existing backend systems of financial institutes. The implementation can be completed within a month, with a fully managed process that requires no technical capacity from the customer.
Fast implementation
in a few days for the sandbox and in about four weeks for the integration with your existing backend systems
Reduced costs
through an all-in-one solution that covers the regulatory requirements for Open Banking and allows for fallback exemption (proven)
Solution expandable for PSD3, FIDA & PSR
with an integrated API platform and pre-defined use cases for open banking
Market-leading PSD2 provider
in Europe and member of the advisory board of the Berlin Group
Efficient operation
as Software as a service (SaaS) or optionally on-premises
How the PSD2 API solution works
Discover the innovative PSD2 API solution
The PSD2 API solution from Qwist supports the most established Berlin Group standard as well as all the regulatory requirements of the EBA. It can be modularly configured and extended for the future requirements of Open Banking.
The PSD2 compliance software can be flexibly configured with more than a hundred options to meet the requirements of banks, and quickly and efficiently integrated with backend systems via standard interfaces.
Demo PSD2 API Solution
Still have questions about our PSD2 API? Please contact us and we will happily provide you with advice!