Insights and outlooks after three years of PSD2

Launched 14th September 2019, the European Second Payment Service Directive (PSD2) has now been in place for more than three years. Now, it is 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 and UK.

Facts & figures of PSD2 after three years of practice:

  • 75% growth of PSD2 Usage in H1/2022
  • 86% increase of TPPs (PSD2 Users) in H1/22 mainly driven by banks
  • The top 10 PSD2 users initiate 92% of the traffic.
  • 92% of PSD2 API requests affect Account Information Services (AIS)
Steadily growing PSD2 API requests on the production systems of our customers

Steadily growing API requests on the production systems of our customers

The distribution of PSD2 API requests per top 5 API users in 2022 (Q1-Q3)

The distribution of API requests per top 5 API users in 2022 (Q1-Q3)

Updates from the PSD2 Regulation:

  • Mandatory Strong Customer Authentication (SCA) Exemptions
  • Names of Account Owners and Users
  • From PSD2 to PSD3?

Download PSD2 Insights

“With ndgit, we are implementing PSD2 and our digital banking strategy. The platform is also the microservice layer through which we can orchestrate our digital channels.”

ndgit’s leading-edge PSD2 Compliance solution

Using the all-in-one PSD2 solution from ndgit, more than thirty of Europe’s leading banks implement the regulatory requirements with standards in a most efficient and secure way.

The software from ndgit supports the most established Berlin Group standard as well as all regulatory requirements of the EBA. It can be modularly implemented and extended for the future requirements of Open Banking.

PSD2 compliance software can be flexibly configured with more than a hundred options to meet the requirements of the banks and quickly and efficiently integrated with backend systems via standard interfaces.

  • Reduced costs

    through an all-in-one solution that covers all regulatory developments and services

  • Fast implementation

    in few weeks through predefined interfaces

  • Expandable solution

    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

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