PSD2 and the UK's Open Banking initiative require banks and other Account Servicing Payment Service Providers (ASPSPs) to expose open APIs to allow third-party providers (TPPs) to access their customer account information, when the customer has given their explicit consent.
Watch this whiteboard video to:
Learn the basics of PSD2 and the two most common use cases.
Hear how the UK is leading the charge with it’s Open Banking initiative.
See an example of a simple PSD2 OAuth flow.
Explore Ping Identity’s PSD2 and Open Banking solution architecture in action.
In this video, we focus on the solution architecture required for banks to not only comply with PSD2 and Open Banking, but also make the customer interactions as simple and seamless as possible.