Digital Finance Blog

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 […]

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 […]

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)

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 […]

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...

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...

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.

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 [...]