Digital Finance Blog

Launched 14th of September 2019, the European Second Payment Service Directive (PSD2) has now been in place for more than three years. Time for ndgit to have a look at the statistics, insights and outlooks of its PSD2 solution with the usage from Europe’s major banks in 36 productive instances and eight countries in EU […]

According to analysts, we may expect a continued strong growth for the open banking market. Thus, the global open banking market size will reach $135.17b by 2030, meaning a CAGR of 26.9%. Drivers of the expansion are the rise of open APIs, an increased adoption of innovative applications and services and the favorable government legislation. […]

Next level embedded finance platforms: From regulatory-driven to market-driven Open Banking infrastructure  The introduction of PSD2 has put pressure on banks to implement the Payment Service Provider Directive by the deadline of early 2018. The result was a boom for service providers specialising in the management of PSD2-relevant interfaces (APIs). Ndgit thus made it into […]

Open Banking 2022: Trends in Business and Technology* (*Webinars only available in German) In 2021, the digitization of the banking world will accelerate significantly once again. In our webinars, we want to show what opportunities banks have to leverage this development for their business: both in the form of more efficient technological solutions and through […]

In 2021, the digitization of the banking world will accelerate significantly once again. In our webinars, we want to show what opportunities banks have to leverage this development for their business.

The second EU Payment Services Directive PSD2 has been fully in force for a good year. Time for ndgit, one of the pioneers in PSD2 compliance, to look back and forward.

Banks need to open up their backend systems and connect with third-party providers. Roger Wisler, Business Manager Switzerland at ndgit, reflects in a blog post about the core aspects of opening up banks as well as on the latest developments in Switzerland.

Over the past 18 months, one topic or acronym has been the main concern of the banking industry: PSD2 or tendered Payment Service Directive II. Driven by legal requirements, banks had to develop strategies and solutions to open their systems to third party providers [...]

Take a look at the ndgit API Platform version 2.0, now in a brand new design with enhanced functionality in the areas of team and stakeholder management, documentation and developer support.

What role does invisibility play for banks – especially in the area of tension of the platform economy? Today, established portals increasingly dominate customer perception. Mediated or integrated services of third parties lose their anchor point in the customers' consciousness. Are these developments a trap for banks or rather an opportunity?

Not all, but many, traditional banks are very busy with themselves. As a result, they’re often too distracted to confront external disruptors. It also means there's little time or consideration for their own disruptive evolution. There are just too many other things to tackle first.

Interesting interview between the Austrian online magazine economy.at and our CEO, Oliver Dlugosch, about Open Banking as a challenge to time-honoured financial institutions, current industry trends and his experience as FinTech entrepreneur.