FinologeePSD2 has been designed to help banks achieve full compliance with the Revised Payment Service Directive (PSD2).
About PSD2for Banks
Even though this product is readily available, we give financial institutions the power to cherry-pick the services and APIs they need in order to open-up their data to third-party providers.
We take into consideration every client’s specific requirements and we work on providing each bank with its own white-labelled PSD2 Access to Account portal, with its own design and under its own brand.
PSD3 & PSR: What to expect
On 28 June 2023, the European Commission published its long-awaited payment services and financial data access package, aiming to ensure the EU’s financial sector is fit for purpose and capable of adapting to the ongoing digital transformation. The proposal involves amending and modernising the current Payment Services Directive (PSD2), which will become PSD3, and establishing, in addition, a Payment Services Regulation (PSR).
Leveraging on our expertise in adhering to PSD2 through the customisable technical solution of PSD2 for Banks, Finologee remains a steadfast ally in navigating the evolving EU payments landscape. Accordingly, we are monitoring the developments and potential new requirements closely, ready to adjust and offer assistance to financial institutions gearing up for the changes brought about by PSD3 and PSR.
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The roadmap to PSD3
PSD2 for Banks:Key features
How does itwork?
What arethe components?
Valueproposition
One-stop-shop for best-in-class FinTech
Finologee has built an infrastructure that combines both its own components and best-in-class FinTech products by third party partners, leveraging both its own and its partners connectivity and expertise.
Flexibility & performance
The product’s and the underlying platform’s design and architecture are fully flexible and scalable, built on the grounds of Finologee’s significant experience in transactional platform design and operations.
Full regulation compliance
Tailor-made to meet regulatory requirements, at PSD2/legal level, RTS and Guidelines levels. Operated and provided in a compliant setup, enabling regulated entities to fully meet their financial industry obligations.
Total neutrality
Finologee has no affiliation with a particular bank or other player. Thus we can make sure our client’s and our agendas perfectly match and strategic product or priority choices are unbiased.
High-end & compliant hosting and operations
The PSD2 Access to Account App runs on Clearstream’s high performance and compliant infrastructure. Together we provide the service level that matches your requirements’ best.
Download our PSD2 Brochure
Resources
Please find here all the related material to FinologeePSD2. Tips & Tricks for PSD2
Our guide provides some key insights on PSD2 implementation by payment accounts-holding banks – from a practical perspective.
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FinologeePSD2 Demo
FinologeePSD2 product demo for a PISP transaction using a dummy bank and a custom web shop.
API Portal Demo
Demo of the API Portal for banks and developers, with business intelligence and analytics.
FinologeePSD2 Product Sheet
Our product presentation in a nutshell: discover FinologeePSD2’s main features and Finologee’s value proposition.
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