Marketing Manager @ ndgit
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.
UBS provides direct access to third-party service providers (TPPs), under European PSD2 regulation now, supporting them with a rich developer portal, test environment and sandbox interfaces powered by NDGIT.
European banks are increasingly discovering the power of going beyond PSD2 and successfully advancing their open banking projects. Here, Peter Hiekmann, of ndgit, looks at how Middleware and APIs are linking banks and FinTechs to power next generation Platform Banking and accelerate a brave new world of financial services.
NDGIT GmbH announced today that it quadrupled its license revenues and added 20 new banks as customers in 2018 thanks to its innovative PSD2 and Open Banking platform. These success rates make NDGIT one of the fastest growing B2B FinTechs in Europe and is fuelling the company’s dynamic European expansion to four new European locations in 2019.
German-based fintech company, NDGIT, today announces the opening of a new London office as it rolls out its API platform for banks and insurance organisations in the UK. The investment reflects the rapid international expansion of the company which now counts 30 banks in 10 European countries among its customers. NDGIT has also become a member of the FinTech community ‘Innovate Finance’, reinforcing its role in the UK’s next generation banking ecosystem.
The European challenger and innovative bank in Portugal, Banco BNI Europa, became recently a strategic customer of NDGIT, provider of the first API platform for banking and insurance in Europe. BNI Europa implements “PSD2 Ready”, NDGIT’s smart standardized software solution following the Berlin Group RTS standard, to fulfil all PSD2 requirements – fast and efficient. This cooperation is a milestone for the future development of Open Banking in Europe and for BNI Europa the next logical step in their company’s development.
Oliver Dlugosch, CEO of ndgit, answers interesting questions about open banking and addresses the biggest challenges and goals for the company.
The internationally established management consulting company Synpulse and NDGIT, provider of the first API platform for banking and insurance in Europe, entered a strategic partnership. Synpulse will provide consulting and implementation services for the NDGIT API platform in Switzerland and other selected international markets. With new regulations and increasing digital user experience demands, the partners consider an API management platform key to succeed for banks and insurance companies. They combine NDGIT’s PSD2 compliant API solution and Synpulse’s implementation in financial industry experience as the basis for successful joint digitalization initiatives.
The countdown has begun: On March 14th 2019, the implementation of the Payment Service Directive (PSD2) is entering the crucial phase. Until then, payment services must provide a test environment for their technical interfaces including documentation for account information and payment initiation services. At the moment, many institutes rely on external help, such as NDGIT, provider of the first API platform for banking and insurance in Europe. With “PSD2 Ready”, the technology leader in API management offers a complete solution that can be used immediately. Due to the tight time schedule, a standardized software solution is the last chance for many banks to avoid high penalties from consumers and associations, as the know-how for in-house solutions is often missing.
NDGIT, provider of the first API platform for banking and insurance in Europe, is poised for further growth. On 1 December, the innovator for open banking and PSD2 software will open its office in the prestigious Technopark Zurich, where it can offer improved services to leading Swiss banks and fintechs, including its customers UBS, BEKB, Hypothekarbank Lenzburg, Synpulse und DXC Technology.