PSD2 and
Open Banking platform

What is PSD2

PSD2 or the new Payment Services Directive, is a piece of legislation that regulates payment services and payment service providers throughout the European Union and European Economic Area (EEA). PSD2 requires Europe's banks to give regulated third-party providers (TPPs) access to their customers' account information and allow payment initiation with the customers' permission and consent. PSD2 is a major driver behind open banking initiatives across Europe.

What we offer

Tietoevry's Banking solution enables banks to become fully compliant with PSD2 regulations. We set up APIs for both account information and payment initiation service providers to connect to a bank. Moreover, our premium APIs allow to create multi-banking solutions above PSD2 compliance to support increase of business volumes and implementation of fresh commercial models within the scope of open banking.