PRESS RELEASE - Berlin Group NextGenPSD2 announced creation of European PSD2 API standard

With the release of a press statement today, the Berlin Group NextGenPSD2 Taskforce announced the creation of an open, common and harmonised European API (Application Programming Interface) standard to enable Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive (PSD2), in preparation for consultation with the market in Q3 2017. The aim of the Initiative is to support TPPs in delivering innovative solutions to customers, using modern APIs, which permit access to bank accounts while keeping data safe. NextGenPSD2’s objectives are to reduce the complexity of PSD2 Access to Accounts (XS2A), address the problem of multiple competing standards and ensu

Version 1.0 of Mobile P2P Interoperability Framework published

The Berlin Group has officially published Version 1.0 of the Mobile P2P Interoperability Framework on its website. The Framework documents define a standard set of functional and technical requirements to enable a pan-European, interoperable and scalable Mobile P2P acceptance across the SEPA area, based on open industry standards. Version 1.0 includes the feedback from the public market consultation in February/March 2017. The Framework documents will be of interest to Mobile P2P scheme services, financial institutions, mobile network operators, payment processors and technical vendors operating in Mobile P2P payment services. The Mobile P2P Interoperability Framework Version 1.0 documents c

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