PSD2 compliance software enables financial institutions to meet the regulatory requirements of the Revised Payment Services Directive (PSD2). It ensures secure customer authentication (SCA) and facilitates safe access to customer account information by third-party providers. The software typically includes tools for consent management, transaction monitoring, and fraud detection. It supports the implementation of APIs that allow secure communication between banks and external service providers. Real-time data protection and user authentication features help maintain compliance while improving customer trust. By streamlining regulatory obligations, this software helps organizations focus on innovation within the financial ecosystem.
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Ensure the security of your users while simplifying their experience. MIRACL Trust delivers a streamlined and secure authentication process that requires just one step, eliminating the hassle of passwords entirely. Traditional multi-factor authentication can be tedious and slow; however, MIRACL offers a faster and more secure alternative. Users can log in in just 2 seconds, with error rates significantly lower than those associated with passwords—down to one-tenth. Instead of passwords, a simple PIN is all that's needed for access. Our advanced cryptographic technology guarantees that users' data remains protected at all times. By prioritizing user experience, MIRACL Trust allows for a straightforward login process and facilitates rapid deployment of your data. With MIRACL, safeguarding your users has never been easier or more efficient.
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SEON
SEON. Fraud Fighters
Transform fraud prevention with real-time, intelligent insights today!SEON offers a comprehensive view of every interaction, transaction, order, account, and opportunity. Prevent fraud before it occurs with unmatched speed, scale, and depth, utilizing a unique blend of real-time open data from digital and social media, phone, email, IP, and device lookups. This approach ensures high accuracy while providing a clear understanding of what constitutes a real person in today's digital landscape. With intelligent risk scoring powered by AI and machine learning, SEON adapts to the specific risk evaluation methods of different businesses, giving you complete visibility and control over AI-driven decisions. By trying SEON, you engage in a low-risk, high-reward strategy that enhances your fraud prevention capabilities, including robust Anti-Money Laundering (AML) measures. Make it exceptionally challenging for fraudsters to succeed. Identify fraud patterns while simultaneously uncovering potential revenue opportunities, ensuring your business remains secure and profitable. -
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Finexer
Finexer
Revolutionizing SMB finance with seamless integration and insights.Finexer is a platform regulated by the FCA that focuses on APIs, revolutionizing how small and medium-sized businesses (SMBs) access and utilize financial data. By offering seamless integration with all UK banks, Finexer delivers real-time analytics and enables Pay-By-Bank transactions through an easy-to-use dashboard, achieving deployment times that are two to three times quicker than those of its rivals. The platform features a range of essential tools, including Data (AISP) and Payments (PISP) APIs: 1. Access to Instant Bank Transactions: Companies can receive immediate insights into their bank transaction data, which enhances decision-making and allows for tailored user experiences. 2. Insights on Balances: Businesses can acquire vital information about customer income, spending habits, and balance fluctuations, which aids in providing personalized services and focused marketing initiatives. 3. Open Banking Payments: The platform facilitates secure account-to-account payments with rapid settlements and automated recurring transactions (currently in Beta), potentially reducing costs by as much as 90%. Beyond its impressive data features and customizable white-label options, Finexer ensures security that meets PSD2 standards, empowering businesses to optimize their operations, increase revenue, and enhance customer interactions, thereby setting the stage for long-term growth and prosperity in an evolving financial landscape. Furthermore, the platform’s commitment to innovation and efficiency positions it as a vital partner for SMBs looking to thrive in today's competitive market. -
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LoginID
LoginID
Seamless, secure authentication with biometrics for every platform.LoginID offers SDKs and APIs that facilitate the seamless integration of our FIDO/FIDO2-certified multi-factor authentication solution into websites and applications. Our platform utilizes the inherent biometrics found on users' devices to generate a secure private/public key pair, ensuring robust customer authentication without the need for users to download any extra applications, as the private key remains securely stored on their device. Additionally, LoginID's transaction confirmation service enhances security for online merchants by requiring a biometric action for each transaction, which is then secured through cryptographic signing. We comply with various regulatory frameworks, including PSD2, GDPR, CCPA, and HIPAA, ensuring that our solution meets industry standards. Furthermore, LoginID supports a wide range of platforms with SDKs available for iOS, Android, React-Native, Web, Python, Java, and Node, alongside a convenient WordPress Plugin to cater to diverse development needs. Our commitment to secure authentication not only protects user data but also fosters trust between customers and businesses. -
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Kong Konnect
Kong
Seamless service connectivity for optimal performance and agility.The Kong Konnect Enterprise Service Connectivity Platform facilitates seamless information flow within an organization by connecting various services. Built upon the reliable foundation of Kong, this platform enables users to efficiently manage APIs and microservices in both hybrid and multi-cloud environments. By leveraging Kong Konnect Enterprise, businesses can proactively detect and address potential threats and anomalies, while also enhancing visibility throughout their operations. This innovative platform empowers users to exert control over their services and applications effectively. Additionally, Kong Konnect Enterprise is recognized for its exceptional low latency and high scalability, ensuring optimal performance of your services. Its lightweight, open-source architecture further enhances the ability to fine-tune performance, making it a versatile solution for services, irrespective of their deployment location. Ultimately, Kong Konnect Enterprise serves as a powerful tool for organizations striving for operational excellence and agility. -
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Expertise Matrix
Int64 Software
Empower your workforce with innovative skill management solutions.The Expertise Matrix, or EMX, is a leading Skill Matrix management tool crafted by Int64 Software, aimed at helping organizations deepen their insights into the various skill sets held by their workforce. This innovative platform empowers team members to track their skill growth while facilitating the organization of professional development reviews, monitoring skill progression, and identifying both skill gaps and areas that require attention. Our dedicated team has thoroughly evaluated every facet of the Expertise Matrix interface, implementing numerous enhancements to improve its readability, user-friendliness, and the efficiency with which users can access insights regarding their skill management strategies. In addition to these improvements, we have revised our subscription payment model to comply with the upcoming European Banking Authority’s Payment Services Directive (PSD2) regulations, which will provide heightened security for your financial data. Moreover, we have replaced our static demo logins with an interactive 30-day trial period, granting prospective users the opportunity to fully explore the platform's features. This transition is designed to create a more immersive experience, ultimately encouraging organizations to prioritize the development of their employees' skills and capabilities. We believe that by embracing these changes, businesses can foster a culture of continuous learning and improvement among their teams. -
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TypingDNA
TypingDNA
Revolutionizing security with effortless, intuitive typing biometrics.A groundbreaking and intuitive method for authentication has emerged, designed to replace SMS two-factor authentication codes, leading to a notable reduction in costs. This approach bolsters user account security by utilizing sophisticated analysis of typing biometrics, functioning accurately and without intrusion. Accessible on any platform where typing occurs, it features a versatile API that enables simple low-code integration. TypingDNA records typing biometrics data, or keystroke dynamics, which encompasses the timing and length of various keystrokes. Each user, upon registration, establishes their unique typing patterns, forming a baseline of their typing behaviors. Following this initial setup, the system continuously monitors and evaluates new typing patterns to validate a user's identity based on their typing biometrics. This streamlined Strong Customer Authentication (SCA) through keystroke dynamics not only guarantees an excellent user experience but also adheres to PSD2 regulations and receives approval from the EBA. By tapping into typing behavior, this technology delivers robust security alongside an outstanding user experience at an unparalleled value. Furthermore, this methodology maintains the integrity of evaluations while fostering a more user-friendly experience molded by the distinct ways that individuals type, promoting both security and usability in equal measure. -
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finAPI
finAPI
Empowering seamless financial connections with innovative data solutions.finAPI is a dependable and intuitive platform designed to create smooth connections among businesses, financial institutions, and individual users. Our open banking API allows organizations to access and analyze account data while also enabling payments on behalf of their clients. Moreover, we offer crucial assistance to banks and financial service providers through an XS2A server, ensuring adherence to the PSD2 directive for third-party providers. With its inherent flexibility and adaptability, finAPI stands ready to meet emerging challenges head-on. We aid in the creation of innovative financial services that deliver substantial advantages for both your business and your customers. By enhancing data accessibility, we encourage innovation and significantly streamline workflows. finAPI's sophisticated data intelligence modules provide comprehensive financial data analysis, covering aspects like categorization, cash flow insights, risk evaluations, and contract recognition. The incorporation of data enrichment, artificial intelligence, and machine learning methodologies guarantees unmatched data quality and optimal results, setting the stage for future innovations within the financial industry. Our dedication to ongoing enhancement establishes finAPI as an essential ally in effectively navigating the dynamic finance landscape, ensuring that we stay ahead of the curve in this rapidly changing environment. -
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Payaut
Payaut
Seamless split payments for your marketplace, effortlessly managed.A cutting-edge API designed for split payments, compliant with PSD2 regulations, and capable of integrating multiple PSP configurations, while automating the reconciliation process and offering accessible KYC features, can greatly improve the functionality of your marketplace. Payaut allows online platforms and marketplaces to effortlessly manage payments through any chosen PSP, overseeing everything from onboarding sellers to the distribution of payments and payouts—all through a singular API. With the capability to process transactions using over 100 different payment methods, you can broaden your market reach internationally. Each transaction can be segmented to reflect your platform’s commission alongside the seller's fees, customized to meet your individual needs. The system ensures that your platform does not get involved in the financial transactions, maintaining PSD2 compliance as payment providers directly handle settlements with Payaut. Furthermore, all incoming payments are aggregated into a single payout for either the sellers or the marketplace itself. You also have the flexibility to transfer funds within the Payaut system between the accounts of the marketplace and sellers, which allows for efficient management of corrections or monthly fees, ultimately enhancing your financial oversight. This all-encompassing solution not only streamlines payment operations but also significantly boosts user satisfaction and trust in your platform, making it a vital tool for any online marketplace. By leveraging this technology, you can ensure a smoother transaction experience for all parties involved. -
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BANKSapi
BANKSapi Technology GmbH
Empowering seamless financial integration with secure, standardized APIs.BANKSapi represents a forward-thinking platform that harnesses the power of APIs in the realms of Open Banking and Open Finance, operating with a PSD2 license from BaFin in Germany. It delivers a variety of services, including account aggregation (Account Information Service - AIS) for diverse account types like current, payment, savings, building society, custody, and loans, all accessible via a single, cohesive API. The platform goes further by enabling A2A payments (Payment Initiation Services - PIS) and offering sophisticated data analytics extracted from account information to improve the user experience. For enterprises eager for rapid deployment, BANKSapi provides customizable widgets that fuse a friendly user interface with robust API capabilities. As it stands, BANKSapi is primarily dedicated to the markets of Germany and Austria, with ambitions to broaden its reach and enhance its offerings in the foreseeable future. The platform’s commitment to innovation positions it as a key player in the evolving financial landscape. -
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SentinelTrails
LogSentinel
"Empower your organization with inviolable data security solutions."Our technology, founded on blockchain principles, guarantees that the audit trail remains immutable, preventing any alterations or deletions, even by those in positions of high authority. This system adheres to rigorous audit trail standards established by various regulations, including GDPR, PSD2, PCI-DSS, ISO 27001, HIPAA, and SOX. By enabling real-time, comprehensive analysis of all activities and integrating AI-driven anomaly detection, we effectively deter fraudulent activities. The integration is straightforward, providing both agent-based and agentless options for all existing systems, along with a user-friendly RESTful API. This solution creates a centralized command center that facilitates immediate monitoring and control over all systems and users. Organizations benefit from enhanced compliance capabilities, leading to reduced operational costs and lessened burden during audits, forensics, and fraud detection efforts. With our blockchain technology implemented, you can trust in the inviolability of your critical data, as it is engineered to be tamper-resistant, ensuring that your information remains secure and reliable. Furthermore, this cutting-edge approach empowers organizations to uphold significant levels of accountability and transparency throughout their operations, fostering trust with stakeholders and clients alike. As a result, businesses can focus more on growth and innovation while maintaining robust security and compliance practices. -
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Entrust TLS/SSL Certificates
Entrust
Secure your digital presence with trusted encryption solutions.Entrust TLS/SSL Certificates provide essential identity validation and encryption to safeguard your website, users, and their sensitive information. By implementing Entrust TLS/SSL Certificates, you can assure your visitors that your organization’s identity has been thoroughly verified, instilling confidence in their interactions. Additionally, the encryption offered protects their data and transactions from potential threats. With these certificates, visitors will not encounter any browser warnings indicating that the website is "not secure" or that their connection lacks privacy. Entrust plays a pivotal role in the industry as a founding member of the CA Security Council and the CA/Browser Forum, actively participating in the creation and enhancement of standards related to TLS/SSL, S/MIME, and code signing certificates. When it comes to securing your digital environment, it's wise to rely on a trusted Certification Authority. By doing so, you can focus on your core business while ensuring that your customers' information remains protected. -
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BANKTRON
ETRONIKA
Empowering secure financial ecosystems with compliant open banking solutions.BANKTRON Open Banking delivers an extensive array of APIs and management solutions that not only fulfill PSD2 compliance but also surpass the fundamental requirements. Our platform is meticulously designed with a focus on PSD2 compliance, strictly following the Regulatory Technical Standards while being customized to cater to the unique regulatory needs of various markets. Our initial efforts concentrate on offering the critical PSD2 compliance APIs, such as Access to Accounts and Payment Initiation services. Alongside this, we remain committed to ensuring compliance throughout the system's entire lifecycle, swiftly implementing any necessary updates and improvements to maintain adherence to regulatory standards. This dedication underscores our proactive strategy for navigating the constantly changing regulations within the open banking sector, allowing us to stay ahead in a dynamic industry. Moreover, our innovative approach aims to enhance user experiences while fostering a secure and compliant financial ecosystem. -
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WWS Open API
Auriga
Unlock innovation in digital banking with our Open API.The launch of the PSD2 Directive on January 13, 2018, signified a crucial turning point in the digital transformation of the banking industry. This shift impacts the whole payments landscape, affecting both traditional banks and other organizations that provide banking services. A new environment has been created where Third Party Providers (TPPs) can access user account information and execute payments, provided they obtain explicit approval from the Payment Service Users (PSU). If you're a TPP or looking to become one, we invite you to explore our "Get started" section for comprehensive instructions on integrating with our API platform, which symbolizes the direction of future digital transactions. The WWS Open API has been specifically crafted to leverage the potential offered by Open Banking and PSD2 regulations. Moreover, the WWS Open API sandbox provides TPPs with an environment to experiment with the functionalities available on our platform through sandbox APIs, enabling them to innovate and enhance their offerings effectively. This collaborative atmosphere not only nurtures innovation but also promotes the creation of groundbreaking financial solutions, ultimately benefiting consumers and businesses alike. -
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Forter
Forter
Empowering businesses with innovative fraud prevention solutions worldwide.Forter stands out as an innovative fraud prevention platform that leverages the most extensive network of online retailers to effectively recognize reliable customers in real-time during every transaction. This all-encompassing solution protects the entire buying experience. As a leader in the field of e-commerce fraud prevention, Forter manages transactions that surpass $200 billion and protects over 750 million consumers globally from various threats, including credit card fraud, identity theft, account takeover, and return abuse. Its cohesive platform benefits from a growing Global Merchant Network, advanced predictive fraud analytics, and customizable features designed to cater to the unique needs of businesses, tackling challenges such as policy abuse, loyalty fraud, and account takeover fraud. As a result, Forter has earned the trust of many Fortune 500 companies by delivering exceptional accuracy, enhancing user experiences, and driving sales while significantly lowering costs, thus establishing itself as a crucial tool in online commerce. Moreover, with Forter in place, businesses can concentrate on expansion, secure in the knowledge that they possess a strong defense against the continuously changing fraud landscape, empowering them to thrive amid potential threats. -
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Tink
Tink
Empowering financial innovation through seamless, compliant data solutions.A unified platform that adheres to PSD2 regulations opens up a realm of opportunities. By utilizing a wide selection of high-quality financial data sourced from multiple European banks through a single, user-friendly API, you can revolutionize the financial landscape. This capability allows you to provide smart financial services while engaging customers with fresh and exciting experiences. Whether you represent a large banking institution in search of customized solutions, a budding fintech company looking for a dependable tech collaborator, or a small business eager to bring innovative ideas to fruition, our platform is equipped to assist you. We are committed to fostering and advancing concepts of all sizes, ensuring that creativity and progress thrive in the financial sector. Ultimately, our mission is to empower you to not only meet the demands of today but also to anticipate and shape the financial solutions of tomorrow. -
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Salt Edge
Salt Edge
Revolutionizing finance with seamless open banking solutions worldwide.Salt Edge stands out as a pioneering fintech firm that enhances the communication and compatibility among banks, third-party service providers, and their users. With a growing presence in Toronto, London, Chisinau, Milan, Bucharest, and a new expansion into the Middle East, the company is making significant strides in the financial technology landscape. Its core areas of focus include: 1. Open Banking Gateway - this innovative solution enables lenders, accounting software, banks, BFMs, PFMs, iGaming enterprises, and various other organizations to seamlessly connect with all customers' bank accounts across Europe, APAC, the Americas, and the MEA region for account details and payment initiation, through a single streamlined API. 2. Open Banking and PSD2 Compliance Solution - this service facilitates banks and eWallets in achieving compliance with PSD2 and Open Banking regulations in just one month, requiring minimal resources to implement. Salt Edge is ISO 27001 certified and licensed for open banking, implementing top-tier international security protocols to guarantee dependable and secure connections between financial entities and their clientele. The company provides efficient connectivity to over 5,000 financial institutions across more than 50 countries. Furthermore, Salt Edge has been recognized as a Strong Performer in The Forrester Wave™: Open Banking Intermediaries, 2023 Report, highlighting its commitment to excellence and innovation in the industry. As it continues to grow, Salt Edge aims to further enhance the open banking ecosystem, making financial services more accessible and efficient for users worldwide. -
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Airlock
Airlock
Unyielding security meets seamless user experience and compliance.The Airlock Secure Access Hub is a robust solution that protects applications, APIs, and data from identity theft and common cyber threats targeting web interfaces. It strikes a balance between security and ease of use, enabling a smooth customer experience with functionalities like single sign-on, social registration, extensive self-service options, and efficient consent management. In a rapidly evolving marketplace, quick adaptability is crucial, which is why the Airlock Secure Access Hub integrates essential security measures, including user registration, authentication, and self-service capabilities, allowing organizations to optimize their IT resources for better business performance. Moreover, the platform is meticulously crafted to comply with multiple international regulations, such as GDPR, PSD2, PCI-DSS, OWASP, and MAS, by acting as a centralized hub for enforcing access policies, thus simplifying compliance without necessitating individual adjustments for every application. This all-encompassing solution not only strengthens security but also significantly improves user satisfaction by providing a consistent access experience across various platforms, ultimately fostering greater trust and engagement with users. Additionally, the Airlock Secure Access Hub continuously evolves to address emerging security challenges, ensuring that organizations remain resilient in the face of new threats. -
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OpenTransact
OpenTransact
Streamline payments effortlessly, empowering growth and innovation today!A robust platform crafted to simplify, automate, expand, and manage payment workflows for enterprises, Independent Sales Organizations (ISOs), or financial institutions. By leveraging this system, your organization can quickly and securely access a broader spectrum of payment options, thereby removing the necessity for expert in-house payment knowledge. Enjoy a smooth integration experience that bypasses the complications of obsolete banking infrastructures. OpenTransact’s advanced APIs come with accessible developer assistance via Slack or email for any questions or guidance. You have the ability to connect various payment methods, providers, acquirers, or third-party services to your OpenTransact account, facilitating effortless payment processing without the need for adjustments to your existing integration. With features that ensure compliance with PCI-DSS, NACHA, and PSD2 standards, OpenTransact can be customized to adhere to local regulatory frameworks while safeguarding customer information, irrespective of the payment method or region. Integrating OpenTransact allows you to substantially reduce the developer workload required to manage multiple payment connections. Furthermore, real-time data synchronization across different gateways enhances adaptability and provides more options among various processors, positioning it as an ideal solution for contemporary payment needs. The platform not only optimizes transaction processes but also empowers businesses to focus more on growth and innovation. -
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OneSpan Risk Analytics
OneSpan
Transform your fraud prevention with advanced machine learning solutions.Bolster fraud prevention across diverse digital platforms by utilizing a dynamic solution that harnesses machine learning and advanced data modeling methodologies. Quickly address threats such as account takeovers, new account fraud, and mobile scams as they arise. By adopting intelligent automation and accurate risk assessment processes, you can significantly reduce the need for manual reviews and cut down on operational costs. Maintain compliance with regulations such as PSD2 by continuously monitoring transaction-related risks in real-time. Embrace a proactive approach to combat digital banking and mobile fraud by enhancing your existing fraud prevention strategies with OneSpan Risk Analytics. This cutting-edge tool rapidly analyzes vast amounts of data from mobile applications and transactions, facilitating the detection of both current and emerging fraudulent activities within online and mobile banking settings. By implementing this sophisticated strategy, organizations can stay one step ahead of fraudsters while simultaneously fortifying the overall security of their digital offerings. Furthermore, adopting this innovative technology not only enhances security but also builds customer trust in digital financial services. -
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Advantica
Softax
Transform your banking experience with secure, scalable solutions.Advantica Cloud Core Banking, our unique electronic banking platform, delivers an extensive range of core banking services. This system facilitates banking across multiple channels and aids in executing various business strategies. Additionally, it adheres to the latest standards set by the Payment Services Directive 2 (PSD2) and embraces the principles of Open Banking. Softax has successfully deployed Advantica in several major financial institutions across Europe, showcasing its effectiveness. With its robust security measures and scalability, this solution stands out as a trustworthy choice for modern banking needs. As a result, it positions organizations to thrive in an ever-evolving financial landscape. -
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Open Banking Suite
Sirma
Transforming payments with security, innovation, and compliance solutions.The PSD2 regulation aims to regulate innovative digital payment services, enhance transparency, and bolster the security of transactions conducted online. It also promotes competition within the payment industry and requires all banking institutions to comply with its guidelines. To address the growing demand for comprehensive solutions in this space, we have created an Open Banking Suite featuring a modular design, which includes an API hub called Up2Connect, a strong customer authentication (SCA) element known as Up2Seal, and a payment terminal named Up2Pay. This solution not only aligns with the standards set by the Berlin Group but also adheres to local user regulations. Financial entities can choose to either integrate the specific modules they need or implement a bundled solution. By leveraging the Up2Connect module for open banking compliance alongside the Up2Seal module for enhanced security measures, Sirma establishes itself as a dependable technology partner. We believe that the advancements initiated by PSD2 will play a crucial role in driving a digital transformation within the financial industry, leading to more innovative and secure payment solutions. As the market continues to change, our suite is ready to evolve and meet new trends and regulatory demands. This proactive approach ensures that Sirma remains at the forefront of financial technology advancements. -
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OneSpan Mobile App Shielding
OneSpan
Secure your mobile app effortlessly, protecting users and data.Enhance the security capabilities of your mobile application to operate safely in untrusted environments while ensuring that users enjoy a seamless experience. Fortify your app's protection against emerging mobile threats, all while adhering to swift deployment schedules. Strengthen defenses against various risks, including potential breaches, tampering, reverse engineering, and malware. Implement comprehensive data protection strategies that comply with important regulations such as PSD2 and GDPR. Broaden your user base by accommodating even compromised devices, all while effectively managing risks. Simplify the app shielding process through integration with the CI/CD tools favored by your development teams. Many financial organizations face challenges in tracking the security status of their clients' mobile devices. The OneSpan application shielding solution effectively protects a mobile banking app from internal vulnerabilities, enabling it to operate securely in risky environments, such as jailbroken or rooted iOS and Android devices, while restricting access only when absolutely necessary. This approach guarantees that users experience a dependable and secure service, regardless of their device's integrity, while also reinforcing trust in the app's overall security framework. Ultimately, prioritizing security and user experience can lead to increased customer loyalty and satisfaction. -
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UltimaBanq
UltimaBanq
Comprehensive banking solutions tailored for innovative FinTech companies.UltimaBanq is an all-encompassing banking platform that provides a white-label solution specifically designed for FinTech companies, including banks and electronic money institutions. It supports IBAN accounts, SEPA and SWIFT transactions, as well as card processing services, and is open to clients globally, even those in high-risk industries such as eCasinos and unregulated financial sectors. Built with advanced security measures, the system complies with EU PSD2 regulations and features multi-tiered access options for various roles and permissions for clients and staff alike. The intuitive back-office is designed to easily incorporate additional features and modules as needed. Furthermore, UltimaBanq also offers capabilities for Forex and CFD trading, serving effectively as a cryptocurrency wallet or payment solution. To enable prospective users to get a hands-on experience, a demo version is provided to explore and evaluate the software's diverse functionalities. This trial opportunity ensures that potential clients can thoroughly investigate the platform's offerings before deciding to move forward with a subscription. -
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Banking Circle
Banking Circle
Transforming global finance with seamless, innovative payment solutions.Banking Circle functions as a fully licensed financial institution, providing critical infrastructure solutions tailored for businesses, banks, and marketplaces. With an extensive range of services, they facilitate cross-border payments in 24 different currencies and provide access to 11 local clearing systems, alongside a comprehensive suite of products aimed at accounts, payments, and foreign exchange. Since launching in 2016, the company has achieved an impressive compound annual growth rate of 108% in payment volumes processed for its clientele. Their infrastructure enables businesses to manage liquidity in real-time across all major currencies, ensuring security and compliance while expanding global market access for their customers. The intuitive, PSD2-compliant client portal makes payment and FX conversion management straightforward, offering immediate access without the need for complex integration. Furthermore, clients can connect to multiple domestic markets via a single integration point, eliminating the need for local banking partnerships. This innovative strategy not only streamlines operations but also significantly enhances efficiency for companies dealing with the intricacies of international finance, making it easier for them to adapt to shifting market demands. As a result, Banking Circle is positioned as a pivotal player in the financial landscape. -
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Qwist
Qwist
Qwist is a software organization located in Germany that was started in 2019 and provides software named Qwist. Qwist is a type of open banking software. Qwist provides online support. Qwist includes training through documentation, live online, and webinars. Qwist is offered as SaaS software. Some alternatives to Qwist are Prism Data, Powens, and finAPI. -
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Powens
Powens
Powens is a software organization located in France that was started in 2012 and provides software named Powens. Powens is a type of embedded finance software. Powens provides online support. Powens includes training through documentation and live online. Powens is offered as SaaS software. Some alternatives to Powens are TrueLayer, Plaid, and Ninth Wave. -
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fino.digital
fino.digital
fino.digital is a software organization located in Germany that was started in 2015 and provides software named fino.digital. fino.digital is a type of embedded finance software. fino.digital provides phone support support and online support. fino.digital includes training through documentation, live online, and in person sessions. fino.digital is offered as SaaS software. Some alternatives to fino.digital are Powens, Basiq, and Flinks. -
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Banfico
Banfico
Banfico emerges as a trusted source of open banking technology, offering a diverse array of scalable, secure, and regulation-compliant solutions tailored for both banks and fintech organizations. Our specialized open banking API is built in accordance with Financial Grade API (FAPI) standards and is designed to work seamlessly with key global frameworks such as Open Banking UK, Berlin Group, and STET. This powerful enterprise-grade API emphasizes customer identity verification, authentication, and security, enabling easy integration with core banking systems while delivering extensive functionalities like customer authentication and consent management. In addition, the OB Directory functions as a compliant repository of standardized information on active regulated entities, linking to all National Competent Authority (NCA) registers and the European Banking Authority (EBA), with real-time updates occurring every two hours. Also, the Modified Customer Interface (MCI) provided by Banfico guarantees a secure interface that complies with Open Banking and GDPR regulations, enabling banks to promptly and effectively satisfy compliance mandates while minimizing their costs. This multifaceted strategy not only aids financial institutions in addressing the challenges of open banking but also reinforces Banfico's role as an indispensable ally in this evolving landscape. Ultimately, our commitment to innovation and compliance ensures that our clients can thrive in a competitive market. -
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DigiCert CertCentral
DigiCert
Streamline certificate management for enhanced security and efficiency.CertCentral simplifies the entire lifecycle of certificates by consolidating tasks such as issuing, installing, inspecting, remediating, and renewing into one cohesive interface. Users can access all phases of the workflow through a single dashboard, enhancing efficiency. By utilizing ACME in conjunction with CertCentral, you can automate the deployment process across various server and client types tailored to your specifications. This automation drastically cuts down the time dedicated to repetitive manual tasks and reduces the likelihood of encountering urgent problems. With DigiCert, the ACME protocol facilitates the automated issuance of OV and EV certificates while allowing for customizable validity periods, making it a flexible solution. Over time, the benefits of using this system continue to build. To enable ACME within CertCentral, simply contact your sales representative for assistance. In the past, you encountered two significant challenges with certificates: navigating the approval process and managing renewals. However, those hurdles can now be overcome with just a few clicks, placing you at an advantage. Additionally, you will receive alerts about potential vulnerabilities and reminders for upcoming certificate expirations, because operating on assumptions is a risky endeavor. This all-encompassing strategy guarantees that you stay ahead in certificate management, thereby fortifying your organization's security measures and ensuring peace of mind. With these improvements, you can focus more on strategic initiatives rather than being bogged down by administrative tasks. -
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MFS Platform
Tmob
Empowering telcos with innovative financial solutions for all.Our innovative solution empowers telecommunications companies and e-money-licensed firms to provide a range of financial services and payment options to their customers. The MFS platform not only generates additional revenue streams but also enhances customer loyalty significantly. Furthermore, it plays a crucial role in reaching individuals who are underbanked or completely unbanked. Specifically tailored for telecommunications providers adhering to PSD2 licensing requirements, this platform is at the forefront of a financial technology revolution. By leveraging mobile financial services, telcos can cultivate a steady and resilient user base while offering various services, including direct carrier billing, utility payments, and merchant transaction capabilities, among others. Although primarily centered around online transactions, it effectively draws in more offline partners, broadening its impact. Achieving financial inclusion remains a central objective for organizations like the Global Bank, aimed at serving the unbanked and underbanked populations. In this way, the platform not only facilitates commerce but also contributes to a more inclusive financial ecosystem. -
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SentinelDB
LogSentinel
Unmatched security and compliance for streamlined data management.SentinelDB utilizes advanced field-level encryption paired with a comprehensive key hierarchy to make data breaches nearly impossible. It adheres to rigorous data protection and auditing standards including GDPR, HIPAA, CCPA, NIST, PCI DSS, PSD2, and ISO 27001. The platform boasts complete system oversight, featuring a blockchain-based audit trail that is immutable and enhanced by AI to detect fraudulent activities. It ensures scalability, high availability, and efficient backup processes, allowing users to concentrate solely on data transmission and retrieval. Each individual record is encrypted, which strengthens the security measures in place to thwart unauthorized access, even from users with elevated privileges. Furthermore, any fraudulent activity triggers instant real-time alerts, adding an additional layer of security to the system. Building a compliant database along with its audit trail from scratch can be an expensive and protracted process, often stretching over several months. In contrast, SentinelDB provides seamless API integration, requiring only minor modifications to existing systems and workflows, which streamlines the transition to a more secure and compliant environment. This efficiency not only makes the upgrade more manageable but also enhances overall operational effectiveness. -
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3D Secure
3D Secure
Transforming mobile payments with seamless security and trust.Beyond meeting the Strong Customer Authentication (SCA) standards mandated by PSD2, the revised 3DS 2.0 protocol presents numerous benefits, especially for mobile payment applications. Its advanced structure greatly improves the user experience on mobile devices, ensuring seamless compatibility with various mobile wallet applications and simplifying in-app purchases. This enhancement also applies to non-browser environments, thereby enriching overall mobile integration. Merchants are required to implement additional authentication measures only when the transaction risks are assessed as high, which is a relatively rare occurrence. Moreover, the incorporation of biometric authentication within the merchant’s app is expected to be viewed as a trustworthy security measure by customers. This efficient method not only boosts security but also fosters greater consumer trust in mobile transactions, thereby potentially increasing overall transaction volumes. The overall impact of these improvements could lead to a more robust and user-friendly mobile payment ecosystem.
PSD2 Compliance Software Buyers Guide
Navigating the world of financial regulations can be daunting, especially when it involves a directive as sweeping and transformative as the Revised Payment Services Directive, better known as PSD2. If your organization operates within the European Economic Area and engages in any form of digital payments or account access, compliance with PSD2 isn’t optional—it’s a legal requirement. But understanding the regulation is just one part of the puzzle. Executing it in your technology stack is where compliance software steps in, playing a crucial role in ensuring your business doesn’t fall afoul of strict financial governance.
This guide provides a deep dive into PSD2 compliance software—what it is, why it matters, and how to make the right selection for your organization.
What Is PSD2 Compliance Software?
PSD2 compliance software refers to a specialized suite of tools designed to help financial institutions, fintech companies, and payment service providers meet the mandates of the PSD2 regulation. These tools are built to support the operational, technical, and security requirements imposed by the directive, from Strong Customer Authentication (SCA) to secure communication interfaces with third-party providers.
At its core, this type of software enables businesses to:
- Authenticate users and transactions securely.
- Expose APIs to authorized third-party providers, as required by the Access to Account (XS2A) provision.
- Monitor and report regulatory compliance activities.
- Protect customer data in line with both PSD2 and overarching GDPR requirements.
- Adapt quickly to ongoing regulatory updates and European Banking Authority (EBA) clarifications.
Why PSD2 Compliance Is More Than a Checkbox
Contrary to popular belief, complying with PSD2 isn’t simply a matter of checking boxes on a list. The directive redefines how businesses interact with customer data and third parties in the digital payment ecosystem. Non-compliance could result in substantial financial penalties, loss of market access, or irreparable brand damage.
Beyond legal obligations, compliance software offers strategic advantages:
- Operational Efficiency: Automates tedious and error-prone compliance tasks.
- Risk Mitigation: Reduces the likelihood of data breaches or regulatory infractions.
- Customer Trust: Enhances transparency and security, giving users peace of mind.
- Futureproofing: Scales with regulatory evolution, ensuring long-term sustainability.
Core Features to Expect in PSD2 Compliance Software
When evaluating potential solutions, it’s vital to look beyond flashy marketing language and zero in on practical capabilities. Here are some of the key features that should come standard:
- Strong Customer Authentication (SCA): A cornerstone of PSD2, SCA ensures that electronic payments are performed with multi-factor authentication. Your software should support:
- Biometric verification
- SMS/email OTPs (One-Time Passwords)
- Behavioral analytics for risk-based authentication
- API Management and Gateway Integration: To enable secure, standardized access for third-party providers (TPPs), the software must provide:
- RESTful API frameworks
- Developer portals with documentation
- Sandboxing for API testing
- Real-time monitoring and throttling controls
- Consent and Data Management: Compliance hinges on precise management of user consents. Look for functionality that includes:
- Dynamic consent dashboards
- Logging and versioning of customer authorizations
- Easy integration with identity management systems
- Audit Trails and Compliance Reporting: A robust audit trail is essential for internal reviews and regulatory inspections. Your solution should offer:
- Tamper-proof logs of all user interactions and authorizations
- Customizable reporting templates aligned with EBA requirements
- Real-time alerts for anomalies or compliance failures
- Fraud Detection and Analytics: An often-overlooked benefit of compliance software is its ability to deter fraud. Features in this area may include:
- Machine learning-powered fraud scoring
- Geo-velocity and device fingerprinting
- Transaction pattern recognition
Considerations Before You Buy
The decision to invest in PSD2 compliance software should be made with a forward-looking perspective. The right tool isn’t just a short-term fix—it’s an ongoing partner in maintaining regulatory harmony.
Here are some important questions to guide your decision-making process:
- Is the software regularly updated to reflect the latest EBA technical standards?
- Does it integrate seamlessly with your current tech stack?
- How scalable is the solution for future expansion into new markets or services?
- What kind of customer support and onboarding assistance is provided?
- Are there SLAs (Service Level Agreements) in place for incident response and uptime?
Making the Investment Count
Remember, compliance isn’t static. Regulations evolve, technologies advance, and customer expectations shift. The best PSD2 compliance platforms don’t just support you in meeting today’s standards—they help you adapt for tomorrow’s challenges. Whether you’re building a new product, expanding into Europe, or simply ensuring your legacy systems stay legally viable, the right software solution can deliver both protection and competitive advantage.
Don’t treat PSD2 as a roadblock. With the right tools in place, it can be a launchpad.