Open Banking
Seize the opportunities of the new financial landscape
The revised Payment Services Directive (PSD2) has removed the market barriers and accelerated the need for differentiation in a competitive and globalised banking industry. It sketched out the first contours of the incoming ‘API era’, enabling a higher number of European players to unleash the value of banking and payments data and unbundle the banks’ products and services.
Nonetheless, PSD2 is just the starting point of any Open Banking journey. As payment-related services are becoming more widely adopted across the industry (e.g. POS payments, biller direct payment, etc.), there is still great room for innovation (and improvement) and Premium Commercial APIs are offering endless opportunities of API journeys and collaboration between industries. Speed should take up in the coming years with the widening of APIs scope (e.g. credit and lending) and audience (e.g. services dedicated to entrepreneurs and SMEs).
As a pan-European player, we offer a broad portfolio of Open Banking solutions, from Access 2 Account services for banks and TPPs to Premium use cases, empowering banks and third parties to improve their services and underlying processes for end-customers.
We help TPPs to seize new business opportunities opened up by Open Banking services and build out new services leveraging open API connections to bank data and services. Furthermore, we empower banks to explore new economic models, by distributing niche financial products and aggregating external data to orchestrate richer digital experiences.
Cost effectively comply to PSD2 requirements
Accelerate innovation by using open APIs
Use Access-to-Account to empower your strategy
We have created more than 10 different use cases, allowing clients to quickly and effectively create new digital experiences for their customers.
Provide meaningful insights to end users to support them to follow, forecast and optimise their financial situations and propose them the best options to finance their personal goals.
With our open banking platform companies of any size can instantly know how much cash they have, forecast more quickly, and manage funds efficiently and effectively.
Perform a credit check in real-time and benefit from higher conversion rates, lower costs, reduced default risk and an easier & shorter processing time
Make end users aware of their environmental impact by leveraging their banking data and offering them alternatives to adopt more sustainable behaviours.
Offering user convenient and cost-effective new payment method by using credit transfers from bank accounts.
Supporting the sending of a payment request from the payee to the payer, to provide all necessary data for the payment that should follow.
Flexible solution that supports the creation and initiation of recurring payments based on SDD (SEPA Direct Debit)
Extend your customers’ experiences beyond traditional financial services, both inside and outside your existing channels, through the orchestration of ecosystems (BaaP) and the publication of premium APIs (BaaS).
In this report, in collaboration with Finextra, you will find deep insights on what’s next for Open Banking, and where the biggest opportunities lie. Get to know more on the learnings and goals of some of the key players in the market.Download the report
Download report
This paper provides key insights about how Open Banking reinvents business models and features a global infographic and industry mapping of key players in Open Banking.
Read blog article
RtP can be directly linked with the ERP system of a company, so that payments automatically match with the business administration and are thus processed safely with low costs and high efficiency.
Read press release
Worldline is one of the leading Open Banking provider in Europe providing a single API connecting more than 2800 banks in 18 countries.
As a pan-European player we think ahead and respond to the opportunities offered by European legislation. We have also done that for PSD2. That is why we can now support our clients, when they want to seize the opportunities that Open Banking brings them all across the European banking landscape, so they can be ahead of the competition thanks to the unique reach and industrial scale of our PSD2 offer
Drawing upon a long-standing expertise in the banking industry, our Product Managers are specialised in the field of identity, authentication, customer experience and payments.Mail us