Open Banking key threats & opportunities | ndgit NEXT DIGITAL FINANCE

The second wave of open banking: PSD3, PSR and FIDA – what we can expect

Article - 30. January 2024

The Payment Services Directive PSD2 came into force on 14 September 2019, with the aim of improving consumer protection and the security of electronic payments. The regulation also aimed to promote competition on the one hand, and innovation on the other. In 2022, the European Commission put PSD2 to the test. To this end, there […]

Hypothekarbank Lenzburg AG implements its multibanking with ndgit

22. November 2023

Crastorehill Acquires Leading Open Banking Players Qwist and ndgit and Appoints New CEO

16. November 2023

Embedded Lending – Selling high-value goods online

Article - By Oliver Dlugosch, 30. October 2023

The e-commerce market is booming and the segment of high-value goods such as cars, furniture or electronics in particular is currently growing rapidly. But many consumers cannot afford to simply pay cash for products in the price range of 5,000 to 50,000 euros. They are looking for a suitable payment option that can also be […]

checklist 5 reasons why you should think about digital lending as an online retailer

17. July 2023

Digest: Insights and outlooks 2022 after three years of PSD2

22. February 2023

Insights and outlooks 2022 after three years of PSD2

Insights and outlooks after three years of PSD2

Article - By Marc-Andre Bewernik, 3. January 2023
Advanced

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 […]

Growth of Open Banking worldwide

Article - By Oliver Dlugosch, 7. October 2022
Advanced

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. […]

The new boom market of Embedded Finance

Article - By Sam Ahmadzadeh, 16. September 2022
Basic

One of the major trends of digitization is the reshaping of value chains with a focus on the perspective of the digital customer. Within this process, many companies concluded that financial services are an elementary add-on to their products, as they are related to most buying processes. This led to a booming market of Embedded […]

ndgit simplifies the fast connection of Swiss banks to the Open Finance platform bLink from SIX

By Sebastian Deck, 11. July 2022

ndgit wins new customers and partners for its financing platform

By Sebastian Deck, 24. May 2022

On demand Webinar on Digital Financing

28. April 2022

Agenda Megatrend “Digital Lending” E2E digital financing with showcase Scoring-engine and BNPL showcase Implement Digital Lending and BNPL

The magic ingredient: digital financing solutions help to build holistic full-service providers in the European car market

Article - By Sebastian Deck, 5. April 2022
Basic

The largest European online car market, AutoScout24, enters the B2B business. With the purchase of AUTOproff, the leading European B2B marketplace for car dealers, Autoscout24 gains access to more than 43,000 dealers across Europe and opens up a completely new business area. More than 20,000 registered car dealers can buy and sell vehicles in real […]

Next level embedded finance platforms

Article - By Sebastian Deck, 14. March 2022
Advanced

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 […]

PSD2- und Standardisierungs-Trends für Banken

17. February 2022

Agenda: PSD2 Basis APIs and their use Berlin Group Extensions to the NextGen PSD2 Standard (CoF Consent, Trusted Beneficiaries, Lean Push, AIS for savings & loans) Berlin Group Open Finance Use Cases (Request-to-Pay, Push AIS, Ressourcenstatusmeldung, …) Berlin Group Open Finance Ausblick (FAPI, KMU/Company)

PSD2 solution from ndgit goes live at Hamburger Hanseatic Bank

By Sebastian Deck, 26. January 2022

Open Finance Trends 2022

20. January 2022

Agenda: Open Finance as a growth engine Digital banking from neon with best-of-breed partners (Simon Youssef, neon) Digital finance as a new mega trend Collaboration with wealth techs around financial investments ndgit launches large Open Finance study

API-Management für Banken und Finanzdienstleister

13. January 2022

Agenda: APIs as a driver for digital transformation in the financial industry API management for banking using the ndgit platform as an example Standard processes for efficient API development Securely implementing Open APIs for banks with FAPI (Mykhailo Kyrychenko, ndgit)

Open Banking Trends 2022

Article - By Sebastian Deck, 11. January 2022
Advanced

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 […]

Digital Lending Webinar 2021

16. December 2021

Agenda: “Financing digital” as a megatrend Case-closing credit lines online (E2E, instant) Integrate online financing into digital banking Out-of-the-box scoring with automated account analytics (partner) Scaling credit services with Open APIs

Open Wealth: Ein neuer Standard für Wertpapierdaten

16. December 2021

Agenda: The new opportunities of Open Wealth Status and first implementations (Simon Alioth, Synpulse; Roger Wisler, ZKB) Implementing Open Wealth APIs and connecting SIX bLink easily Presentation of best-of-breed wealth techs (Thomas Rappold, Divizend; Harald Brock, Investify) Panel: Connect SIX bLink or publish Open Wealth API yourself (Simon Alioth, Synpulse; Roger Wisler, ZKB; Oliver Dlugosch, […]

StarusInsights_HeatMapTop5OpenBankingProviders

Open Finance report ranks ndgit among the global “Top 5 global Open Finance SaaS platforms”

By Sebastian Deck, 2. November 2021

PSD2 Checklist

5. August 2021

Working with an external PSD2 API solution provider can have various benefits: reducing costs and risks on the one hand and opening new business opportunities through enabling new business models or external service offerings by TPPs on the other hand...

10 things to consider when selecting a (new) PSD2 API solution provider

Article - By Sebastian Deck, 5. August 2021
Basic

Working with an external PSD2 API solution provider can have various benefits: reducing costs and risks on the one hand and opening new business opportunities through enabling new business models or external service offerings by TPPs on the other hand...

ndgit Top Digital Banking Solution Providers in Europe 2021

ndgit among best “Digital Banking Solution Providers in Europe 2021”

28. July 2021

ndgit has been named one of the "Top 10 Digital Banking Solution Providers in Europe 2021" by the US business magazine „Financial Tech Review“.

Cyber security for an Open Banking technology provider

Article - By Robert Gridley, 24. June 2021
Basic

As a software development company for Open Banking cyber security is critical for us and our customers. Therefore, a strategic approach is mandatory to achieve the right maturity level. The first step is to organize a security strategy that prioritizes cybersecurity as a company imperative.

ndgit and investify TECH cooperate on OpenWealth

19. May 2021

ndgit has gained investify TECH, a leading WealthTech provider for the digitalization of the investment business of financial service providers, as a partner.

ndgit included in „The Forrester New Wave™: Open Banking Intermediaries, Q1 2021“

Article - By Sebastian Deck, 10. May 2021
Basic

ndgit announced today that the leading provider of market research and analysis on information technology, Forrester Research, has included ndgit among the nine providers that matter most in their report, „The Forrester New Wave™: Open Banking Intermediaries, Q1 2021“.

ndgit achieves ISO certifications

Article - By Sebastian Deck, 6. May 2021
Basic

The International Organization for Standardization (ISO) has issued two certificates to ndgit in recognition of the company’s achievements in the fields of information security management and business continuity management.

Auslandszahlungen (FX Payments) in Ökosystemen

8. April 2021

Der Fintech-getriebene Wettbewerb setzt die Banken zunehmend unter Druck, ihren Endkunden innovative Produkte und Services anzubieten, die über die Kernkompetenzen der Bank hinausgehen. Digitales Banking mit Ökosystemen ist ein Ansatz, wie Banken mit diesem Innovationsdruck umgehen können.

ndgit joins Open Wealth Association

4. March 2021

ndgit has joined the Open Wealth Association. The Open Wealth Association is a community of established Swiss banks, WealthTechs and service providers orchestrated by the consultancy Synpulse.

API-Management für Banken und Finanzdienstleister

11. February 2021

In diesem Webinar erläutern wir gemeinsam mit Inventx, wie Finanzdienstleister API-Management-Systeme nutzen können, um ihre traditionelle Infrastruktur zu öffnen und banksichere APIs für ihre digitalen Partner der Zukunft zu entwickeln.

Open Wealth Community

4. February 2021

Banken und Digitalunternehmen entwickeln gemeinsam einen neuen API-Standard rund um das Wertpapier- und VV-Geschäft, vergleichbar der PSD2. Die ndgit-Plattform bietet alle Services rund um Open Wealth APIs und ein Ecosystem an Open Wealth Partnern für Vermögensverwaltungs-Software und WealthTechs.

ndgit and Synpulse present official sandbox of OpenWealth API initiative

2. February 2021

ndgit and Synpulse present the official sandbox for the OpenWealth API initiative (www.openwealth.ch). ndgit is a member of the OpenWealth community as a technology partner and is developing a comprehensive digital platform based on the OpenWealth standards, with which new ecosystems for wealth management can be easily and securely connected to banks' systems.

Open Banking Trends 2022

Article - By Sebastian Deck, 28. January 2021
Advanced

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.

Digitalbanking-Lösungen für den Mittelstand

10. December 2020

Wir erläutern in dem Webinar, welche Möglichkeiten Banken haben, das große Kundensegment der Mittelständler mit ergänzenden Angeboten innovativer Fintechs gut zu bedienen und so dauerhaft an sich zu binden.

Von der API-Plattformtechnologie zum Ecosystem Hub

3. December 2020

In dem Webinar erläutern wir, welche Möglichkeiten Banken jetzt haben, um in einer weiteren Evolutionsstufe mit ihren offenen Schnittstellen Geld zu verdienen – und wie sie konkrete Open-Banking-Lösungen wie Banking as a Service, SME Banking oder komplexere Ökosysteme technologisch bewältigen können.

ndgit partners with online identification specialist WebID

1. December 2020

ndgit has gained WebID, a pioneer in online identification, as a strategic partner. "With WebID, we can offer our customers of our open finance platform another innovative service: online identification in compliance with money laundering laws," says Oliver Dlugosch, CEO and co-founder of ndgit.

One year PSD2

Article - By Sebastian Deck, 1. December 2020
Advanced

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.

ndgit and Entersekt partner on secure open banking

30. September 2020

ndgit and Entersekt, a leader in device identity and omnichannel authentication, partner to unlock value for participants in the open banking ecosystem with new use cases and streamlined, secure user experiences.

Established core banking systems and open banking

Article - By Roger Wisler, 4. August 2020
Advanced

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.

Open Banking Status Quo and Strategies

23. June 2020

The financial industry is undergoing hyper-digitalization, pressuring banks to question the sustainability of existing processes and develop modern, customer-focused financial services. To get insights on the status quo as well as the advised strategies of banks in regard to open banking, ndgit has conducted a survey among 100 bank decision makers.

Open Banking as a global revolution

18. May 2020

Open Banking brings the next big change for the banking industry and requires a radical rethink of banking strategies, processes and technologies. The summary of our Open Banking Study gives you an insight into the pioneers in Open Banking and how they are currently positioned.

ndgit and Neonomics partner on PSD2 APIs

29. April 2020

ndgit and Neonomics, a market leader for payments and account aggregation across Europe, are entering a strategic partnership. The goal of the partnership is to offer banks and fintechs PSD2-driven payment flows and account data access from Neonomics alongside corresponding best-in-class fintech partners for other regions of the ndgit marketplace.

Best Banking Platform 2020

Article - 6. April 2020
Basic

ndgit has been awarded as winner in the category "Best Banking Platform Germany 2020" at the International Business Magazine Awards. The aim of the award series is to recognize the best achievements of emerging companies in the international business and finance industry.

The roadmap to connected and customer-centric banking

Article - 5. March 2020
Advanced

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 [...]

Bison Bank counts on ndgit PSD2 Ready software to support Open Banking strategy

20. February 2020

Bison Bank in Lisbon has chosen PSD2 Ready software from ndgit to empower its Open Banking platform. ndgit will also provide local technical expertise to accelerate integration of its industry proven, standardised PSD2 solution, helping Bison Bank to fulfil the central functions required by the Regulatory Technical Standards while evolving next generation services.

ndgit and Konsentus partner to bring highly-secure PSD2 Interfaces to Europe’s banks

30. January 2020

ndgit and Konsentus, experts in PSD2 third-party provider (TPP) identity and regulatory checking, announce a strategic partnership that will help improve Open Banking security across Europe, protecting banks from potential fraud.

ndgit API Platform version 2.0

Article - By Wolfgang Bräu, 29. January 2020
Advanced

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.

The invisible bank: Trap or opportunity?

Guest article - By Oliver Bohl and Birgit Spors, 19. December 2019
Advanced

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?

Inventx relies on the ndgit API solution in its Open Finance Platform

10. December 2019

ndgit is supplying Inventx AG with an open API integration layer to support its newly launched Open Finance platform, ix.OpenFinancePlatform. The collaborative solution provides the foundation for an emerging API-based network, enabling Swiss financial and insurance service providers to connect quickly and easily to fintechs and other third parties, both as service consumers and as service producers.

It’s time for banks to embrace disruption

Guest article - By Ruedi Maeder, 29. October 2019
Advanced

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.

Open Banking fintech ndgit partners with F10 to bring PSD2 technology to Switzerland

8. October 2019

Open Banking fintech, ndgit, is bringing PSD2 Compliance APIs to Switzerland as part of a new initiative launched with F10, the Swiss FinTech Incubator and Accelerator organisation. Starting in October 2019, it will provide a bank interface sandbox that will allow F10 startups to test their services in conjunction with the Berlin Group Standard based API.

ndgit’s research and development operations

Article - 2. October 2019
Basic

An interview with ndgit’s CTO: Florian Pahl shares some ‘behind the scenes’ insights into ndgit’s research and development operations

Fallback Solution Options

2. October 2019

Fallback solutions for PSD2’s strong customer authentication is a hot topic for months already and to be honest, nobody knows the perfect solution right now. Here’s a "sneak preview" from the latest BaFin workshop which is still to be finalized. Oh and by the way, just let us know in case you need some help with adjusting your PSD2 solution.

SCA – Issuers path to full compliance

26. September 2019

The UK is one of the most important payment markets in the world with some of the best anti-fraud tools in use. Great Britain will maintain this long term view of the fight against fraud by implementing a long term rollout of compliant and most effective SCA solutions.

ndgit fintech marketplace for apps and APIs

ndgit and Synpulse launch first international Fintech Marketplace in Switzerland

10. September 2019

ndgit, provider of the leading Open Banking Platform in Europe and the globally active management consultancy Synpulse team up to launch Switzerland's first fintech marketplace that features international best-of-breed providers. By the end of the year, services from over 50 fintech partners in Europe should be available.

Open Banking APIs worldwide

29. August 2019

Financial markets are getting ready Open Banking APIs are globally becoming catalysts for exposing banking systems towards partners – leaving banks with a crucial question of how to position themselves in a more and more ecosystem driven economy.

ndgit strengthens brand to assert its position as the Backbone of Digital Banking

29. August 2019

To reflect its strong growth and expanding international presence, ndgit GmbH has sharpened its corporate identity (CI) to emphasise its strategic mission to be the technological backbone for connected banking and insurance.

The challenge of Open Banking

Article - 30. July 2019
Advanced

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.

Open Banking venture capitalist investment

25. July 2019

ndgit did some research for the latest data, trends and facts in the industry – and found what we're looking for at PwC, again. Enjoy an exciting and well-arranged ndgit-graphic showing which sectors have received the most money.

Open Banking customers’ view

10. July 2019

The whole financial industry is talking about Open Banking. The linchpin: the customer view! How do end customers perceive the topic? What do they want, what moves them, what worries them? ndgit did some research and, with the help of PwC data, created this interesting overview for you.

ndgit and Hypothekarbank Lenzburg – the Swiss Open Banking story

Case study - 10. July 2019

Hypothekarbank Lenzburg (HBL) has come a long way from its establishment as a loan house in 1868 to a digital universal bank that is now leading the way in Open Banking in Switzerland. With the help of API technology partner ndgit, it has developed its own core banking system, Finstar, which is now open to third-party providers (TPPs) and is the first Open Banking platform in Switzerland to match PSD2 requirements.

Open Banking innovations and inclusion

2. July 2019

Examples of innovative regulatory initiatives around the world, the status of sandbox initiatives and the global status of Open Banking and PSD2 can be found in this exclusive ndgit graphic. Become an Open Banking Expert - now!

Open Banking global

27. June 2019

Cast off! Join the exciting journey of Open Banking with ndgit - worldwide! What do companies expect from Open Banking? What is the key to success? How do successful ecosystems emerge? What generates profit? ndgit has compiled all facts and figures for you and streamlined them into a vivid graphic.

Why financial executives need to dream bigger dreams

Guest article - By Nils Elmark, 25. June 2019
Advanced

Nils Elmark discusses the disruption in the banking environment and explains why financial executives must have bigger dreams. "They have to forget the past and leave the old business models behind and instead take the new FinTech and InsurTech tools on an adventure."

Voice Banking – the next big thing?

Guest article - By Seyfi Günay, 18. June 2019
Advanced

Banking disruption forces banks to adapt to new technologies, with voice banking playing an increasingly important role. Voice banking may be the future and will change the financial sector permanently, but it also imposes new requirements on the IT security of banks.

Open Banking worldwide – The global (r)evolution in banking

17. June 2019

Banks around the world are already in the midst of digital transformation, making processes much more convenient for customers. Even pain points such as loans can be processed digitally in 3 minutes from application to approval – thanks to Open Banking.

Finstar-NDGIT-Finance IT-Innovation-Award-2019

Finstar® and NDGIT receive Finance IT Innovation Award 2019

12. June 2019

The Finstar® Open Banking Ecosystem from Hypothekarbank Lenzburg (HBL), together with the NDGIT platform and partners Sonect and neon, received the Finance IT Innovation Award 2019 on May 21.

Ruth Schöllhammer about digital ecosystems

From analogue to digital ecosystems – Unlocking new opportunities for founders & banks

Guest article - By Ruth Schöllhammer, 7. June 2019
Advanced

Lending money can be complex and expensive for financial institutions, which face strict compliance and transparency rules (many of which were introduced following the financial crisis over a decade ago). While digitisation could make life easier, its progress is often stalled in operational silos with change viewed by various bank departments as a threat rather than an opportunity.

Data-driven banking for medium-sized banks

Guest article - By Kevin Smith, 5. June 2019
Advanced

Kevin Smith is Head of Analytics & AI at Contovista. As a data scientist, Kevin Smith specialises in analysing data using AI methods and extracting actionable insights from it. In this interview, he answers three questions about the opportunities that data-driven banking affords for medium-sized banks.

Franziska Zangl about Open Banking and the challenges

Article - 17. May 2019
Expert

Currently, everyone is talking about Open Banking. One important thing is the right definition or interpretation of this term. There are some banks that understand Open Banking as purely publishing OpenAPIs so TPPs can access their data. But Open Banking is so much more than this...

Cornèr Group European entities and NDGIT, provider of the first Open Banking in Switzerland, are now cooperating

9. May 2019

Cornèr Group European entities and NDGIT, provider of the first Open Banking in Switzerland, are now cooperating. The joint project focuses on technical functionality that 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.

ndgit is the backbone of digital banking

Article - 9. May 2019
Basic

Funding partner DVH Ventures recently interviewed ndgit’s founders, Oliver Dlugosch and Florian Pahl, to get a quick snapshot of the business and discover what sparked its creation and success. Here’s what they found out...

Open Banking propositions and opportunities

24. April 2019

With the proceeding digitization in banking, the only constant thing is change. Some expect very radical changes, some more moderate. ndgit had a closer look at the various opinions of the market players and found a whitepaper from PwC about how to seize the Open Banking opportunity.

Oliver and Franziska about PSD2, Open APIs and Open Banking

Article - 11. April 2019
Advanced

In an exclusive interview with Money Today in Switzerland, ndgit’s CEO, Oliver Dlugosch, and Head of Business Development, Franziska Zangl, share their thoughts on PSD2 toolkits, the importance of open banking and the role of Swiss banks.

Contovista and NDGIT extend their cooperation to the German market to further develop Open Banking

9. April 2019

Contovista, Swiss market leader for data-driven banking and NDGIT, provider of the first API platform for banking and insurance in Europe, are further expanding their cooperation. In addition to a joint project for digital lending processes, Contovista can now also be implemented via the German NDGIT API marketplace.

NDGIT supports BAWAG Group in providing direct developer portals for PSD2 third-party service providers

28. March 2019

BAWAG Group 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.

Bank für Sozialwirtschaft launches direct developer portal for third party providers

28. March 2019

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 launches direct developer portal for third party providers

28. March 2019

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.

Fast forward Open Banking

Article - 22. March 2019
Advanced

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.

PSD2 – all dates at a glance

14. March 2019

Today the first three-month test phase under PSD2 begins - allowing TPPs to test services offered by banks in a sandbox. But that’s not the end of the PSD story! There are some other PSD2 dates you should keep in mind..

Digital credit flow with approval in 3 minutes

Article - 8. March 2019
Expert

PSD2 is a starter drug for many into open banking. PSD2 means implementing a software that follow all PSD2 rules i.e. an out-of-the-box solution from providers like ndgit.

Double disruption and service direction

Article - 7. March 2019
Expert

PSD2 and Open Banking have paved the way for banking transformation. But compliance and regulation aside, what else is driving change, how should banks respond and how does this impact their service direction?

Strong growth puts NDGIT at the forefront of european B2B FinTechs

28. February 2019

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.

NDGIT opens new office in London as part of international expansion

11. February 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.

Managing Consent under PSD2

Article - 6. February 2019
Basic

Ensuring seamless consent management is a cornerstone of PSD2 implementation. Here, Oliver Dlugosch, CEO of ndgit, explains how dedicated APIs can help banks reduce complexity and make processes smoother.

Banco BNI Europa and NDGIT become partners and accelerate PSD2 and Open Banking in Europe

31. January 2019

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.

Getting PSD2 Authentication right

Article - 28. January 2019
Basic

While current guidelines necessitate Two-Factor Authentication, some transactions are exempt. Oliver Dlugosch, CEO of ndgit, clarifies the secure ‘rules of engagement’ for Banks and Payment Service Providers.

3 questions to Oliver Dlugosch about Open Banking

Article - 25. January 2019
Basic

Oliver Dlugosch, CEO of ndgit, answers interesting questions about open banking and addresses the biggest challenges and goals for the company.

A fresh perspective on PSD2

Article - 2. January 2019
Basic

In 2018, PSD2 effectively lit a touch paper to wholescale Banking transformation. It may be a slow burn but, according to Oliver Dlugosch, CEO of ndgit, it’s already generated far-reaching changes to investment attitude and strategy.

Synpulse and NDGIT partner up to connect banks and insurers with digital ecosystems

12. December 2018

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.

Under pressure: Banks increasingly rely on NDGIT’s standardized software solution for PSD2 implementation

6. December 2018

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 opens Swiss location and becomes SFTI member

13. November 2018

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.

Guidelines for PSD2 implementation

10. November 2018

There are some tough decisions to make for you as a bank. The ndgit whitepaper outlines some of the key requirements and freedoms for APIs and explores how these impact strategic decision making and PSD2 implementation.

Independent account app from neon with API technology from NDGIT enters extended beta phase in Switzerland

2. November 2018

Neon is the first independent account app in Switzerland. It combines innovative fintech functions with account and card products from partners. To achieve this, neon relies on NDGIT's API platform. Its technology enables the quick connection to Finstar®, the open banking platform of Hypothekarbank Lenzburg, and the use of various user-friendly functions such as digital onboarding and personal finance management. neon is extending the free beta phase until the end of 2018.

NDGIT API platform wins CEE Fintech Challenge

28. September 2018

Vestbee hosts what it describes as the largest online start-up challenge in Central and Eastern Europe. The NDGIT API platform has been awarded first place in this competition, prevailing over numerous competitors in three rounds of judging.

4 million euros for Open Banking platform NDGIT

26. April 2018

The Series A financing is led by Capnamic Ventures which is joined by London-based VC PROfounders. The existing investors, Dieter von Holtzbrinck Ventures and Business Angels, are also participating in this financing round. With 4 million euros of fresh capital, the software company NDGIT has the means to further accelerate its growth. This will primarily involve expanding the team and advancing product development.

Use the chances of PSD2: The ndgit Ecosystem Builder

13. April 2018

Easily manage and develop networks in cooperation with digital partners and FinTechs: the introduction to PSD2 is set, the regulatory requirements are defined by the Berlin Group and the IT departments of most European banks started their preparations for the implementation. The Ecosystem Builder is the logical reaction for financial institutions, which are keen to not only fulfilling their „duty“ but want to make use of the opportunities PSD2 offers to design Open Banking using new digital services and own FinTech ecosystems.

The NextGenPSD2 XS2A-Framework Version 1.0

10. April 2018

On 8 February 2018, the Berlin Group published the updated specifications for the revised PSD2 Directive. This document is based on both the most recent EBA RTS version and the results of the market consultations on the previous version (0.99) of the Framework, which took place towards the end of 2017.

Bank für Sozialwirtschaft chooses the PSD2 software from NDGIT.

29. March 2018

The Bank für Sozialwirtschaft (BFS) and the FinTech NDGIT have entered into a strategic partnership to implement the BFS digital banking strategy. The basis of this cooperation is the NDGIT Open Banking Platform which the BFS will use to implement the revised Payment Services Directive (PSD2) according to the Berlin Group standard, in order to realise future networking with digital partners and to offer its customers new, attractive FinTech services.

NDGIT qualifies for FinovateEurope 2018 with its “EcosystemBuilder”.

2. February 2018

The Munich-based fintech NDGIT, a supplier of a standard software for efficient implementation of the PSD2 requirements for European banks, is establishing a new product line for the development of bank IT systems into a comprehensive open banking. The debut presentation of this product takes place during the FinovateEurope event from 6th to 9th March in London.

NDGIT has won the EURO FINANCE TECH Award 2017

17. November 2017

Swiss-based Hypothekarbank Lenzburg (HBL) and the Munich-based fintech NDGIT were honoured with the EURO FINANCE TECH Award 2017. Together, the partner companies established the first open banking system in Switzerland. “NDGIT and Hypothekarbank Lenzburg have carried out truly pioneering work with this innovative concept,” said Prof Dr Paul Alpar, a member of the jury. Second and third place were awarded to the insurtech firm Clark and Quantoz respectively.

mobile.de is developing its new car loans platform with NDGIT

28. September 2017

Germany’s biggest automotive marketplace, mobile.de, and the Munich-based FinTech, NDGIT, have agreed a strategic partnership to develop a loan platform for dealers and car buyers. The new offering has been integrated directly into the mobile.de web pages since the beginning of September and its functionality is continually being expanded. This move allows mobile.de to drastically increase its offering for car buyers and relies on NDGIT’s API-banking platform for technological implementation.

Hypothekarbank Lenzburg AG becomes the first “Banking as a Service” (BaaS) partner in Switzerland and implements the NDGIT Open Banking platform

8. May 2017

HBL is implementing its “Banking as a Service” offer with the NDGIT Open Banking platform. They are integrated as flexible middleware on Finstar, the same bank platform developed by HBL, and opens its data and services concerning accounts, deposits or other bank processes. FinTechs and digital partners can easily and securely link to these as APIs. The NDGIT standard solution also offers compatibility with European PSD2, which is currently being adjusted to the regulatory and Europe-wide standards being developed in the market.

Best of breed API platform for digital wealth management – niiio cooperation with NDGIT

28. March 2017

Smart Plug and Play banking or a complete redesign of digital investment advice? Thanks to the partnership between both industry thought leaders, an innovative business model has emerged: Banks and FinTechs can use all of the functions relating to deposits and financial investments as API technology from an interface shop and thereby develop new applications more quickly and efficiently. One of the first customers is a provider of digital infrastructures for asset managers and a deposit exchange service provider.

DvH Ventures invests in NDGIT – the API platform for banking and insurance solutions

23. March 2017

Together with other strategic partners, Dieter von Holtzbrinck Ventures (DvH) is investing a seven-digit figure in NDGIT, the Munich technology business innovator. The venture capital fund, a joint initiative of DvH and Nord/LB, is specialised in FinTech and InsurTech investments and involved for the first time with a provider of finance architectures for banking and insurance solutions. With its API platform NDGIT paves the way for future digitisation and networking with online providers.

Key threats and opportunities of Open Banking

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