Open Banking API
Bank API PSD2 – the Open Banking API
Open Banking API is a specific add-on of a public API. It allows to be compliant with PSD2 and Open Banking Standards faster.
Take advantage of a ready-made solution
APILOGIC Open Banking API is a flexible addition to your existing infrastructure. The PSD2 Directive provides guidelines pertaining to making the account and payment data publicly accessible, which requires you to configure an open API fetching the data from the banking systems and allowing their processing by Third Party Providers (TPPs).
Since the implementation time is crucial in order to get a competitive spot in the race for the customers’ favour, the APILOGIC Open Banking API is offered as a complete product, the implementation of which will allow you to focus on modification and modernisation of your business model, instead of spending time and resources on building the required infrastructure.
Convenient API access management.
A user-friendly portal dedicated to API consumers
Create a convenient and intuitive environment for developers
Quick integration
Full integration with other elements of the platform.
Style matters
Change the look and make it visually cohesive with your brand
Stronger security
Support for open and proven security standards
How does Open Banking API work?
The APILOGIC solutions support the banks in the difficult task of entering the world of open banking. Our solution will also help you get compliant with the requirements of the PSD2 Directive.
Integrating your API
Develop your products faster
Thanks to convenient connection between the API and your internal IT systems.
Set access level
Decide, what data will be available through your API and who will be able to access them.
Connect services to data
Without any coding – create and make them available.
Ready to use software product
The time is crucial, when it comes to staying competitive. APILOGIC Open API is made to be easily combine with your systems.
So you can focus on possibilities and evolve your business early enough.
Identity and access management
API client management
A convenient console with access and control of API client data.
Adapters for every technology
Integration with the existing security structure
Multi-step authentication
Authentication based on ready-made or dedicated business rules
API security
Grant, remove and modify the permissions of API clients and users
Various authentication methods
Traditional, social, as well as synchronisation of multiple identities.
Flexibility
Connect in any way you find convenient, enabled by your technology.
Quick processing of security data
Process simplification
Create conditions where your customer will be authenticated quickly and without obstacles.
Ready-made rule sets
Make things faster by selecting appropriate rules for your products and services.
Data monitoring
Detect, analyse and eliminate anomalies in your data sets.
New, better bank
The APILOGIC Open Banking API developed by an experienced team of information architects and financial market experts is a cutting-edge platform that is fully compliant with the PSD2 Directive and – thanks to its expansion capabilities – is a great catalyst of opportunities for expanding the bank’s offer. It stimulates the evolution of products, as well as a more efficient adoption for new market conditions.
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