Cologne/Munich, 28 March 2019
NDGIT enables seamless delivery with PSD2 API platform and solutions
Bank für Sozialwirtschaft (BFS) provides direct access to third-party service providers (TPPs), under European PSD2 regulation, supporting them with a rich developer portal, test environment and sandbox interfaces powered by NDGIT.
Using NDGIT’s API platform and specialists, BFS can now deliver PSD2 APIs for TPPs. A dedicated ‘sandbox’ (virtual space to test and run coding securely) gives them a testing entry to BFS’s API functionality, in accordance with PSD2. This can be accessed via the following link: https://developers.sozialbank.de/
Beginning with a three-month test phase, TPPs can now access the interfaces of more than 3,000 banks across the EU. BFS supports the Berlin Group’s NextGenPSD2 pan-European standardization initiative. The sandbox offers Account Information Services (AIS) and Payment Initiation Services (PIS) with SEPA, Cross Border and TARGET2.
The NDGIT platform ensures full PSD2 compliance. Its PSD2 standard software is used by more than twenty banks throughout Europe and includes all the services and functions required for PSD2 implementation. Using technologies such as REST (REpresentational State Transfer), SOAP (Simple Object Access Protocol) and OAuth2 (Open Authorization), the solution can be easily integrated into the backend systems of the banks.
