Bank axept | Startup Day - Fintech + Open Banking The banking industry is up for disruption, or in the process of being disrupted as some might say. On May 22nd fintech-startups and incumbents met at Kulturhuset to discuss open banking and show examples of how new services will shake up the game.

1. We build the future payment infrastructure
Owned by all norwegian banks

2. User requirements
 Simple
 Fast
 Available
 Secure

3. Merchant requirements
 Conversion rate
 «Noiseless», reliable
 Customer relations
 Reconciliation and settlement
 Price

4. e/m-payments are growing
Instore card
payments
«Traditional»
eCommerce
Instore mobile
card payments
ID-based
payments

5. Contactless cards
 BankAxept will continue the
work offering contactless
payments
 The POI/POS terminals are
preparing to accept EMV/NFC
cards (mobile provisioned cards
as well)

6. Mobile (NFC)
DES
Digital Enablement Services

7. Customer
BankAxept Digital Enablement Service
• Enabling Norwegian issuers to issue, manage and use digital BankAxept cards
• Enabling wallet service providers to request and receive digital BankAxept cards from
Norwegian issuers
Credential
Management
System
Member Configuration Service
Member
Configuration
System
Transaction
Authorization
System
Token
Manager
Account
Management
System
Customer
Service
System
IssuerServiceFrontend
Mobile Gateway to Scheme Infrastructure
BankAxeptServiceFrontend
GemtaltoProvisioningGateway
Bank
Building a platform of services

8. ID-based payments
 Cross-bank account-based payments
 1 click payments
 Recurring payments with dynamic
configurable limits. Easily revoked
from either your mobile banking
applications or BankAxept portals.
 Easily integrated by Trusted Third
Party payment providers.
 Fully PSD2 compliant services (RTS)

9. eCommerce
 ID-based payments
 Available for all banks
 Easy integrated by merchants and payment Initiators
acting on behalf of users and merchants
Common Payment Infrastructure
 BankAxept is availabe and accessible from all
channels.
 Ensures that BankAxept’s DNA as an affordable,
secure and stable infrastructure still lives on
through our ID-based payment portfolio.
BankAxept has developed a new portfolio of payment services –
The BAX Payment Hub is tailored to accomodate Trusted Third Party payment providers (*SPs).
BankAxept Hub

10. Trusted Third Party PaymentsExpress paymentsStandard Payment
• BankAxept authenticates the user
on behalf of the issuing bank
• N-levels of authentication based on
Transaction Risk Analysis
• Easily integrated by mechants/PSPs
• Merchants or merchant delegates
authenticates the user.
• No SCA required under a fixed
amount
• API-access to Trusted Third Parties (TTP)
• BankAxept will be release an ID-Provider
framework to accept TTP SCA.
• TTP’s can act on behalf of merchants or
users (Direct Debit / Credit Transfer)
Products/Services – BankAxept ID-based payments

11. Thank you!
e: isa@bankaxept.no
m: + 47 90072573