Big Data Helsinki v 3 | &quot;What you should know about PSD2 APIs?&quot; - Joonas Tomperi

apidays LIVE New York 2021 - Security Design Patterns that Protect Sensitive ...

apidays LIVE New York 2021 - API-driven Regulations for Finance, Insurance, and Healthcare July 28 & 29, 2021 Security Design Patterns that Protect Sensitive Financial Data Shared via APIs Dinesh Katyal, Product Director at Financial Data Exchange, Ray Voss, VP, Security Architect, JPMorgan Chase Bank, N.A and Co-Chair, Financial Data Exchange Security and Authentication Working, & Shawn Jobe, Director of Software Development at Factual Data

PSD2: Open Banking with APIs

Jason Bloomberg

PSD2, the Payment Services Directive mandate of the European Union (EU) enables business and consumer banking customers to use third-party providers to manage financial transactions. Furthermore, the regulation requires banks to provide these third-parties access to their customers accounts through open APIs PSD2, in fact, changes the very nature of banking when any of the participants — bank, customer, merchant, or third party — resides in Europe. The regulation also establishes different types of third parties, opening up new opportunities for enterprising service providers. The APIs that PSD2 delineates provide the mechanism that enables PSD2 to work — and for any company serving in any of the roles that PSD2 defines, managing those APIs is essential to the seamless operation of the services and the mitigation of inherent security and performance risks. On this webinar, digital transformation expert Jason Bloomberg, President of industry analyst firm Intellyx, will discuss the complexities of the API-enabled ecosystem that PSD2 creates and the many essential roles that API management must serve to ensure successful, secure financial transactions. Next, Fiorano Software CEO and CTO Atul Saini will explain the actual PSD2 functionality and will show how APIs (and to a lesser extent messaging) are used to implement PSD2. He will also show how Fiorano API Management provides the security, metering, monitoring, and management that all PSD2 participants require.

[WSO2 Open Banking & Security Forum Mexico 2019] API-Driven World

PISP Journey Based on Open Banking UK

A PISP (Payment Initiation Service Provider) is a regulated actor under PSD2 who has been granted permission to request consent from a consumer to connect to their bank account and initiate payments or transfers on their behalf. Open Banking API specifications support Payment Initiation Services (PIS) that enable a PISP to initiate a payment order, with the PSU's explicit consent, from their online payment account held at their ASPSP. The PISP is then further able to retrieve the status of a payment order. This deck covers the different payment types, API resources, the PISP Flow, multi authorization, cut-off date time, payment restrictions, integrating with the bank backend, and release management.

If you are a financial institution in Europe, you would be in one of three places when it comes to PSD2: ready to take PSD2 by the horns, making some progress with compliance but still trying to understand the big picture, or unsure of where to start. The good news is that it doesn’t matter where you’re at. WSO2 Open Banking offers a solution that addresses all compliance requirements. It doesn’t stop there. It can open up your business to broader revenue generation opportunities through PSD2 in the context of digital transformation. Join Seshika Fernando, head of financial solutions at WSO2 as she explores The role of PSD2 in redefining banking as we know it. The core capabilities of WSO2 Open Banking including the WSO2 API Management platform that enables opening APIs in a secure and controlled manner. How WSO2 Open Banking can support your technology infrastructure for capabilities beyond banking. A demonstration of the solution - https://wso2.com/solutions/financial/open-banking/

Adding Liveliness to Banking Experiences

Applied AI, Open Banking and Continuous Innovation the Easy Way - AI Days Mel...

Yun Zhi Lin

AI is the new electricity that fuels continuous innovation and in an era of disruption, leadership matters more than ever. As our data landscape and API economy are becoming increasingly open and transparent due to CDR / Open Banking, it is imperative for business and technology leaders to work together to harness greater value from their raw data and build up defensive AI assets. The good news is that modern cloud services, serverless architecture, higher-order APIs and open-source algorithms together make it easy for businesses to prepare for Open Banking and evolve to become AI-driven. However, the bad news is that, without the correct strategy and approach, most organisations are doing things the hard way: equivalent to playing cricket by first learning how to stitching the ball. Having successfully completed outcomes-driven transformations across both enterprise and government, I will share with you proven approaches and reference architectures, that simplifies AI-driven innovations that will help your organisation remain competitive in an open data economy.

Open Banking APIs on AWS

Amazon Web Services

Speakers: Ronan Guilfoyle, Specialist Solutions Architect, AWS Ramandeep Singh, Director, Solution Leader, Financial Services, Capgemini PSD2 and Open Banking came into force this year with different levels of adoption across the industry. This session will show you how to run Open Banking APIs on AWS, the challenges and architectures, and why AWS makes sense for internet facing environments, even with a traditional on premise Core.

Open Banking - Opening the door to Digital Transformation

The open data era is just beginning in Australia. While the main purpose of the Consumer Data Right is to provide consumers, better control over their data, it is also paving the way for banks and financial institutions to step into newer business models through digital transformation. This talk will detail how banks stand to benefit from an open data ecosystem with a winning strategy and the right tools to achieve it. It will discuss the following topics: The journey from Open APIs to Open Banking - An ecosystem for digital transformation Building an open banking strategy for long term success Realising the digital transformation opportunities of Open Banking

[WSO2Con EU 2018] WSO2 Open Banking, So Good I Bought it Twice

[WSO2 Integration Summit Brazil 2019] Open Banking

This deck highlights the WSO2 Open Banking offering and how Banks and Fintechs can benefit from the solution. The capabilities in the solution and a few case studies on how banks have used our solution and used the components beyond their compliance requirements for digital transformation. Watch the recording of the sessions from WSO2 Integration Summit Brazil here - https://wso2.com/integration-summit/brazil-2019/

Banking as a platform (BaaP)

Ramesh Kumar Nanjundaiya

apidays LIVE LONDON - How APIs are changing the fintech world by Chirine Ben...

[APIdays Singapore 2019] Implementing a Successful Open Banking Architecture

[APIdays Singapore 2019] Open Banking is Here to Stay How Will You Benefit fr...

apidays LIVE Singapore 2021 - The power of Virtual Accounts by Rohit Taneja, ...

apidays LIVE Singapore 2021 - Digitisation, Connected Services and Embedded Finance April 21 & 22, 2021 API based collections and payouts - The power of Virtual Accounts Rohit Taneja, Founder & CEO of Decentro ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

The Global Influence of Open Banking, API Security, and an Open Data Perspective

Rogue Wave Software

Open Banking is being driven by regulation in Europe, however, it is ultimately about expanding consumer choice in financial services. Open Banking provides opportunities for financial services and FinTech companies as well as consumers. In this webinar, we’ll examine the influence of Open Banking across the globe and the key differences between regulation-led and market-led initiatives. We’ll also explore essential security standards in Open Banking and how they contribute to a secure Open Banking API interface.

An Entry Point to Impactful Open Banking Architecture

Watch the on-demand webinar here: https://wso2.com/library/webinars/an-entry-point-to-impactful-open-banking-architecture/ Description: Banks in Europe, the UK, and Australia have been hard at work prototyping new use cases and operating models that leverage open data and collaboration. In regions like Africa, Latin America, and South and Southeast Asia, we are seeing customer demand and shifting expectations drive increased adoption of open banking models, even where regulation doesn't explicitly require it. A growing number of fintechs and “challenger banks” have emerged seeking to capitalize on customers looking for easier and more intuitive financial experiences. In this deck we’ll cover how you can make the most of these developments and invest in the long term. Discussion topics include: Open banking fundamentals as relevant to systems design with reference to PSD2 specifications and the Australian Consumer Data Standards, along with related concepts from the GDPR regime. Open banking reference architectures to create adaptable open APIs, open data, and open platforms for technical and business agility. Leveraging internal capabilities and data to craft a competitive advantage. Beyond open banking - Banking Product Design Canvas, the Banking 4.0: Digital Factory, and the SMB Capability Uplift.

APIs as a new Banking Channel

Open Banking - Bringing Regulation and Technology together for Digital Trans...

The Consumer Data Right and Open Banking initiatives are leading sweeping changes for financial services and the wider economy. Featuring global and cross-industry perspectives, Open Banking Australia on 26 September in Sydney, gathers industry decision-makers to discuss economy-wide interconnections and how to succeed in the new open banking environment WSO2 is a lead partner of this event. Seshika Fernando, head of financial solutions at WSO2, will deliver a session on “Open Banking: Bringing Regulation and Technology together for Digital Transformation”. Seshika’s talk with cover the following: The continental journey of Open Banking: Synopsis of regulations in UK, EU and Australia Why Open Banking is a Digital Transformation opportunity in disguise Building an open banking strategy for long-term success The winning technology mix for Digital Transformation through Open Banking

apidays LIVE London 2021 - Embedded Finance and new API infrastructure by Rau...

Open Banking Platform - Intro

Sensedia

apidays LIVE India - Standardising financial account aggregation by Vamsi Mad...

Thinking Back and Looking Ahead for Open Banking: Perspectives from OBIE and ...

It has been a month since the European regulation regarding PSD2 and UK Open Banking went live. Our deck explores the journey that banks, regulators, and technology providers have taken to get to this point. If open banking is on your agenda, this is the perfect opportunity to learn from the first movers. This deck covers: - The Open Banking UK API Standard journey - Using the blueprint created by OBIE to move towards a data-driven economy - Customer challenges: How banks navigated regulatory and technology challenges to deliver open banking - Open banking technology: Capitalizing open banking technology for digital banking. Watch the webinar on-demand here - https://wso2.com/library/webinars/2019/10/thinking-back-and-looking-ahead-for-open-banking-perspectives-from-obie-and-wso2/

A blueprint for open banking standards in the United Kingdom

Eric Horesnyi

We hear a lot about the PSD2 Open Banking standard coming out of the European Union (EU), however in response to it, and getting out ahead of the regulation, the Open Banking effort in the UK is significantly pushing forward the banking API conversation, and establishing a blueprint for doing API banking that other countries should consider. Full version: https://streamdata.io/resource-library/blueprint-open-banking-standards-uk/

HOW OPEN APIS WILL CHANGE THE FUTURE OF BANKING

figo GmbH

What's hot

WSO2 Open Banking: Digital Transformation Through PSD2

Adding Liveliness to Banking Experiences

Applied AI, Open Banking and Continuous Innovation the Easy Way - AI Days Mel...

Yun Zhi Lin

Open Banking APIs on AWS

Amazon Web Services

Open Banking - Opening the door to Digital Transformation

[WSO2Con EU 2018] WSO2 Open Banking, So Good I Bought it Twice

[WSO2 Integration Summit Brazil 2019] Open Banking

Banking as a platform (BaaP)

Ramesh Kumar Nanjundaiya

apidays LIVE LONDON - How APIs are changing the fintech world by Chirine Ben...

[APIdays Singapore 2019] Implementing a Successful Open Banking Architecture

[APIdays Singapore 2019] Open Banking is Here to Stay How Will You Benefit fr...

apidays LIVE Singapore 2021 - The power of Virtual Accounts by Rohit Taneja, ...

The Global Influence of Open Banking, API Security, and an Open Data Perspective

Rogue Wave Software

An Entry Point to Impactful Open Banking Architecture

APIs as a new Banking Channel

Open Banking - Bringing Regulation and Technology together for Digital Trans...

apidays LIVE London 2021 - Embedded Finance and new API infrastructure by Rau...

Open Banking Platform - Intro

Sensedia

apidays LIVE India - Standardising financial account aggregation by Vamsi Mad...

Thinking Back and Looking Ahead for Open Banking: Perspectives from OBIE and ...

What's hot (20)

WSO2 Open Banking: Digital Transformation Through PSD2

Adding Liveliness to Banking Experiences

Applied AI, Open Banking and Continuous Innovation the Easy Way - AI Days Mel...

Open Banking APIs on AWS

Open Banking - Opening the door to Digital Transformation

[WSO2Con EU 2018] WSO2 Open Banking, So Good I Bought it Twice

[WSO2 Integration Summit Brazil 2019] Open Banking

Banking as a platform (BaaP)

apidays LIVE LONDON - How APIs are changing the fintech world by Chirine Ben...

[APIdays Singapore 2019] Implementing a Successful Open Banking Architecture

[APIdays Singapore 2019] Open Banking is Here to Stay How Will You Benefit fr...

apidays LIVE Singapore 2021 - The power of Virtual Accounts by Rohit Taneja, ...

The Global Influence of Open Banking, API Security, and an Open Data Perspective

An Entry Point to Impactful Open Banking Architecture

APIs as a new Banking Channel

Open Banking - Bringing Regulation and Technology together for Digital Trans...

apidays LIVE London 2021 - Embedded Finance and new API infrastructure by Rau...

Open Banking Platform - Intro

apidays LIVE India - Standardising financial account aggregation by Vamsi Mad...

Thinking Back and Looking Ahead for Open Banking: Perspectives from OBIE and ...

Similar to Big Data Helsinki v 3 | "What you should know about PSD2 APIs?" - Joonas Tomperi

A blueprint for open banking standards in the United Kingdom

Eric Horesnyi

HOW OPEN APIS WILL CHANGE THE FUTURE OF BANKING

figo GmbH

Backbase Webinar: Everyday banking

Backbase

In this special, exclusive webinar, Jouk Pleiter and Tim Rutten of Backbase will showcase the Finovate Europe’s Best of Show solution, The Everyday Bank - we will show how to create personalised customer journeys hyper targeted to users, resulting in increased customer acquisition and retention. Instead of simply providing customers with traditional banking products such as account access and payment tools, the new solution will push the boundaries of personalisation to the next level by delivering tailor-made customer journeys based on real-time behavior, interests, location and preferences. We will look at: How can banks leverage on AI (artificial intelligence)? How can they harness its power to improve their customer experience? The impact of the open fintech API ecosystem. PSD2 - not just compliance but a new sales & origination opportunity The main strategic directions banks should choose from

PSD2: Making it actionable

Backbase

Financial institutions in Europe are preparing to confront a major legislation revision for the banking industry: the proposal for a revised directive on payment services in the internal market, better known as Payment Services Directive, or PSD2. PSD2 represents one of the single biggest changes in banking industry history, because it’s the first time banks will be obligated by law to open their infrastructures to third parties. Many banks are concerned about this legislation, feeling exposed and under attack from new entrants. It also enables customers to be in the driving seat when it comes to their finances. Yet, does it need to be a huge threat? In this special, exclusive webinar, Jouk Pleiter and Jelmer de Jong of Backbase talk about what PSD2 means for the banking industry, and how can banks can prepare for this inevitable change. We are looking at: What PSD2 actually is PSD2 and the connection with APIs PSD2’s impact on banks New entrants in the banking space The bank’s fundamental strategic choice: the defensive or offensive strategy Opportunities to capitalise on.

Open Banking via API Connect & DataPower

IBM DataPower Gateway

aplonAPI Product Presentation

Open Banking via APIc 2018

Shiu-Fun Poon

INTERFACE, by apidays - The UK Open Banking Story

INTERFACE, by apidays - APIs: the next 10 years June 8, 9 & 10 2022 The story of API In Open Banking UK Chris Michael, Co-founder & CEO at OzoneAPI ------------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/ Deep dive into the API industry with our reports: https://www.apidays.global/industry-reports/ Subscribe to our global newsletter: https://apidays.typeform.com/to/i1MPEW

BaaS-platforms and open APIs in fintech l bank-as-a-service.com

Vladislav Solodkiy

The Emergence of Open Banking and COVID-19

Sam Ghosh

Think about Google if it were only collecting a lot of data but never used or shared that data with anyone. That is how the traditional financial service companies are - they have enormous amounts of data but rarely use that data for any tangible purpose. Dormant data with the financial service providers can be used to not only create new applications but revolutionize credit markets, personal finance, business finance, wealth management, etc. in ways we cannot even totally envisage now. Open Banking is a practice where banks provide access to consumer data to non-affiliated third parties generally through Application Programming Interfaces or APIs. Open Banking in the coming years is expected to lead a paradigm shift in Banking and Finance. During the pandemic, the demand side of the equation for Open Banking is rapidly developing with growth in fintech markets and the adoption of digital channels by the consumers. Both banks and tech companies have immense incentives to grab this opportunity and quickly tap the growth in digital markets and channels. Concerns about data security, compliance with privacy laws, and regulatory uncertainties are acting as impediments to the growth of Open Banking. Banks need to act quickly to leverage data to increase their reach and role. Traditional banking is rapidly getting commoditized and banks need to add data-driven value-added services in their portfolio to remain relevant. Value-added services such as personal financial planning, the alternative credit assessment, and real-time payments can not only create new revenue sources for the banks but provide strategic moats in the competitive landscape. Banks can achieve this through strategic partnerships and acquisitions. In-house development is difficult given the cultural shift needed in the banking sector may take time. Apart from that, the IT in the banking sector is generally focussed on regulatory requirements and not data-driven, customer-focused as required for Open Banking initiatives. Policy uncertainty can severely hamper the growth of Open Banking. Policymakers need to balance caution on security-privacy matters but at the same time clear policy confusion to allow the sector to grow. As per the Akamai report, “2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts”, cyber attackers are increasingly targeting API endpoints of financial services. As per a Gartner report, by 2021, APIs will account for 90% of the attack surface. By 2022, according to Gartner, API abuses will become the most-frequent attack vector. This is a cause of concern for the Banks contemplating opening up data access using APIs.

[Workshop] Business Benefits and Digital Transformation through Open Banking

Open Bank Project ECB19 Sept 2016 v2

simonredfern

Holos psd2 open-api

Capgemini

Why you will choose the aplonAPI™ platform, to empower your Open banking proj...

How to build an online payment app development like pay pal

Noman Shaikh

2022 apidays LIVE Helsinki & North_Open Banking and Companies Data