With the PSD2 directive – seen as the biggest game changer since SEPA – banks will no longer hold a monopoly on payments. The account information of businesses will be made accessible to new 3rd parties, opening the door for companies to manage payments and take advantage of other finance opportunities.
A Pecha Kuchaish presentation on some of the issues and risks of the implementation of PSD2 and therefore risk to not opening up the banks for innovation to flourish.
for the ustwo Fintech Talkies II event.
PSD2 & Open Banking: How to go from standards to implementation and complianceRogue Wave Software
PSD2-driven Open Banking is here, and with it comes challenges in understanding what it means, choosing which standards organizations to follow, which practices are right for you, and whether to aim for regulatory compliance only or use the regulation as an opportunity to differentiate and transform. From a strategic and technical point of view, compliance dictates that now is the time to chart a precise implementation for your organization – do you know where to begin?
OpenID Foundation/Open Banking Workshop - Open Banking UpdateMikeLeszcz
The OpenID Foundation and the Open Identity Exchange co-hosted an Open Banking Workshop on Tuesday, January 30, 2018 in London. This presentation is an update on the Open Banking initiative that was presented by members of the Open Banking Implementation Entity (OBIE).
With the PSD2 directive – seen as the biggest game changer since SEPA – banks will no longer hold a monopoly on payments. The account information of businesses will be made accessible to new 3rd parties, opening the door for companies to manage payments and take advantage of other finance opportunities.
A Pecha Kuchaish presentation on some of the issues and risks of the implementation of PSD2 and therefore risk to not opening up the banks for innovation to flourish.
for the ustwo Fintech Talkies II event.
PSD2 & Open Banking: How to go from standards to implementation and complianceRogue Wave Software
PSD2-driven Open Banking is here, and with it comes challenges in understanding what it means, choosing which standards organizations to follow, which practices are right for you, and whether to aim for regulatory compliance only or use the regulation as an opportunity to differentiate and transform. From a strategic and technical point of view, compliance dictates that now is the time to chart a precise implementation for your organization – do you know where to begin?
OpenID Foundation/Open Banking Workshop - Open Banking UpdateMikeLeszcz
The OpenID Foundation and the Open Identity Exchange co-hosted an Open Banking Workshop on Tuesday, January 30, 2018 in London. This presentation is an update on the Open Banking initiative that was presented by members of the Open Banking Implementation Entity (OBIE).
[WSO2Con EU 2017] Keynote: Digital Transformation in the Guise of a Regulatio...WSO2
Digital transformation opportunities present themselves in many forms. Changes in customer behavior, the shift in social norms, the rise and collapse of certain industries, regulatory measures could all potentially be a digital transformation opportunity. Banks who viewed PSD2 and Open Banking as an imminent threat are now looking at it as a catalyst for digital transformation. This keynote will explore the role of PSD2 in redefining the financial industry.
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.
PSD2: The Advent of the New Payments Market in EuropeTransUnion
Register today for this webinar that summarizes Aite Group’s PSD2 Research Report, commissioned by iovation, a TransUnion Company, providing an in-depth analysis of how those in the payment services and e-commerce market should prepare to handle the new strong customer authentication (SCA) requirements under the second Payment Services Directive (PSD2).
Join Angie White, Product Marketing Manager and PSD2 expert at iovation, a TransUnion Company, and Ron Van Wezel, Senior Analyst at Aite Group's Retail Banking and Payments Practice, as they analyze the results of the actual market status in Europe regarding the main changes that PSD2 will bring to the online payments market. Learn what Aite Group concluded after interviewing 20 payments executives from European banks, other PSPs, merchants, payment networks and industry experts.
Key takeaways:
The impact of PSD2, highlighting the priorities that organizations have yet to manage in the transition to the new world after PSD2.
How organizations seek to implement the requirements for secure customer authentication (SCA) and minimize the impact on customer experience.
An analysis of the potential of payment innovation and open banking as a result of PSD2.
If you haven’t already, register for this complimentary research report, PSD2: Advent of the New Payments Market in Europe.
Read the overview of the implications of PSD2 for the payment space in relation to fraud prevention and authentication, including recommendations for banks and other players on how to comply while minimizing friction during the payment process.
[APIdays Melbourne 2019] The Consumer Data Right: Building a Successful Open ...WSO2
With the CDR in effect, Australia banks need to ramp up their path towards open banking. As a regulation dependent on technology, open banking forces banks to take a close look at their existing IT architectures, identify technology gaps and implement open APIs with top-notch security. Discussions around meeting the needs of the CDR, implementing consent management and maintaining positive customer experiences should happen now.
This deck will cover
- A brief introduction to the Consumer Data Right (CDR)
- A comparison of the Open Banking UK API Standard and the Australian CDR
- The key requirements for implementing an open banking architecture
- A demonstration of how WSO2 Open Banking meets the technology needs of the CDR
What does PSD2 and SCA mean? How will this change the customer journey? How can 3DS2 help enhance the CX and boost acceptance rates? And how are Worldpay leading the way to help our customers plan for this fundamental shift?
PSD2 (Payment Services Directive) aims at making payment more secure and cheaper, further opening the market for PSPs in an integrated European market. PSD2 replaces PSD1 in force since 2007 extending its scope
Open Banking - Opening the door to Digital Transformation WSO2
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
APIs have been "The hottest topic in FinTech" during recent months - do you know what they mean and why they represent the next big thing for FinTech & Financial Institutions?
PSD2 Building Certainty : Payments Knowledge Forum 2015The ID Co.
The Payments Knowledge Forum (PKF) has been set up by payments system users to facilitate the exchange of mutually useful, practical and relevant information.
miiCard's Kevin Trapp joined the 2 day conference to discuss PSD2 developments and the role of DirectID in creating trust in online payments.
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.
[WSO2Con EU 2017] Keynote: Digital Transformation in the Guise of a Regulatio...WSO2
Digital transformation opportunities present themselves in many forms. Changes in customer behavior, the shift in social norms, the rise and collapse of certain industries, regulatory measures could all potentially be a digital transformation opportunity. Banks who viewed PSD2 and Open Banking as an imminent threat are now looking at it as a catalyst for digital transformation. This keynote will explore the role of PSD2 in redefining the financial industry.
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.
PSD2: The Advent of the New Payments Market in EuropeTransUnion
Register today for this webinar that summarizes Aite Group’s PSD2 Research Report, commissioned by iovation, a TransUnion Company, providing an in-depth analysis of how those in the payment services and e-commerce market should prepare to handle the new strong customer authentication (SCA) requirements under the second Payment Services Directive (PSD2).
Join Angie White, Product Marketing Manager and PSD2 expert at iovation, a TransUnion Company, and Ron Van Wezel, Senior Analyst at Aite Group's Retail Banking and Payments Practice, as they analyze the results of the actual market status in Europe regarding the main changes that PSD2 will bring to the online payments market. Learn what Aite Group concluded after interviewing 20 payments executives from European banks, other PSPs, merchants, payment networks and industry experts.
Key takeaways:
The impact of PSD2, highlighting the priorities that organizations have yet to manage in the transition to the new world after PSD2.
How organizations seek to implement the requirements for secure customer authentication (SCA) and minimize the impact on customer experience.
An analysis of the potential of payment innovation and open banking as a result of PSD2.
If you haven’t already, register for this complimentary research report, PSD2: Advent of the New Payments Market in Europe.
Read the overview of the implications of PSD2 for the payment space in relation to fraud prevention and authentication, including recommendations for banks and other players on how to comply while minimizing friction during the payment process.
[APIdays Melbourne 2019] The Consumer Data Right: Building a Successful Open ...WSO2
With the CDR in effect, Australia banks need to ramp up their path towards open banking. As a regulation dependent on technology, open banking forces banks to take a close look at their existing IT architectures, identify technology gaps and implement open APIs with top-notch security. Discussions around meeting the needs of the CDR, implementing consent management and maintaining positive customer experiences should happen now.
This deck will cover
- A brief introduction to the Consumer Data Right (CDR)
- A comparison of the Open Banking UK API Standard and the Australian CDR
- The key requirements for implementing an open banking architecture
- A demonstration of how WSO2 Open Banking meets the technology needs of the CDR
What does PSD2 and SCA mean? How will this change the customer journey? How can 3DS2 help enhance the CX and boost acceptance rates? And how are Worldpay leading the way to help our customers plan for this fundamental shift?
PSD2 (Payment Services Directive) aims at making payment more secure and cheaper, further opening the market for PSPs in an integrated European market. PSD2 replaces PSD1 in force since 2007 extending its scope
Open Banking - Opening the door to Digital Transformation WSO2
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
APIs have been "The hottest topic in FinTech" during recent months - do you know what they mean and why they represent the next big thing for FinTech & Financial Institutions?
PSD2 Building Certainty : Payments Knowledge Forum 2015The ID Co.
The Payments Knowledge Forum (PKF) has been set up by payments system users to facilitate the exchange of mutually useful, practical and relevant information.
miiCard's Kevin Trapp joined the 2 day conference to discuss PSD2 developments and the role of DirectID in creating trust in online payments.
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.
Gartner IAM London 2017 Session - Security, Standards & User Experience: The ...Ping Identity
Ping Identity Principal Technical Architect, Pam Dingle’s slides on how organisations can meet PSD2 and Open Banking Standard requirements while delivering excellent customer experiences in today’s challenging digital business environments. Using software that’s based on the OAuth family of standards, organisations are protecting RESTful APIs, combining a critical blend of intuitive user interactions, highly scalable certification of clients and interoperability.
A Modern Identity Architecture for the Digital Enterprise: http://bit.ly/2lPNiCM
Speakers:
- Unicredit Paola Baldizzone: Challenges in managing XML Payments Standards
- Vee H. Khong: Testing and simulating SEPA Direct Debit Payment Process
NACHA Payments 2012 - U.S. Bank & Earthport ‘Conquering the Barriers to Entry...Earthport
NACHA Payments 2012 - With the continued trend toward globalization, more companies are transacting globally. Each country has a different clearing system and there is no comprehensive equivalent of the U.S. ACH system worldwide. Some international banks have created proprietary links in other geographies, but these do not offer broad-based participation. Other innovative options have emerged that enable financial institutions to readily offer this capability to clients.
PSD2 a bankovní API: Top 5 mýtů, které dnes slyšítePetr Dvorak
Záznam webináře: https://www.youtube.com/watch?v=RKgbUgIl6kE
PSD2 a otevřená bankovní API začala být žhavým tématem. Jaké jsou nejčastější informační šumy a které nesprávné interpretace toho, co se děje, ještě uslyšíte? Dozvíte se v tomto bleskovém webináři.
Future of XML Payment Management: Challenges, Evolution and Benefits March 2...XMLdation Ltd
Future of XML Payment Management: Challenges, Evolution and Benefits March 2014 with GTNews.
Record of this presentation can be found from XMLdation homepages http://www.xmldation.com
In questo appuntamento con WSO2 SMART TALK, il nostro partner WSO2 ci racconta il caso di successo di Telefonica (O2) Germany e la sua strategia di APIfication. Scopri come monetizzare le tue API e offrire un'esperienza di navigazione user centric ai tuoi clienti. Scrivi a sales@profesia.it per iniziare subito
Anypoint B2B is a set of protocols and message templates for standards-based Business to Business (B2B) messaging-based integration.
Anypoint B2B adds trading partner integration using EDI over AS2 into Anypoint Studio and Mule ESB’s runtime environment.
Open Banking and PSD2: Are your APIs ready for external testing?WSO2
This slide deck is designed to help you prepare for the March 2019 deadline. Our solution experts have designed a set of mock bank APIs as well as effort estimates to give you a clear understanding of what you need to comply on time, or even ahead.
Big Data Helsinki v 3 | "What you should know about PSD2 APIs?" - Joonas TomperiDataconomy Media
PSD2 is coming live in September 2019 and after that, you are able to get account data, make strong authentication and make payments through banks PSD2 APIs.
Getting your API Management Strategy on Point for PSD2 ComplianceWSO2
Successful PSD2 compliance is as good as your API management solution. Everyone from your compliance officer to your PSD2 project manager and your CTO needs to have complete trust in the API technology you use to achieve compliance.
WSO2 Open Banking leverages API management capabilities for an accelerated and secure compliance experience. Built to support key Open Banking standards, it comes with a set of API specifications that can get you started on compliance from day 1.
This webinar will cover:
An API management checklist for PSD2 compliance
WSO2 Open Banking capabilities for supporting Open API functionality
How a Third Party Provider (TPP) can leverage WSO2 Open Banking’s core offerings
How to leverage API analytics and API monetization for Open Banking
A demonstration of WSO2 Open Banking
Similar to Webinar materials | PSD2: Ensuring a seamless payments journey - connecting APIs and ISO 20022 (17)
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Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
4. PSD2 Overview
Main purpose : open up market for payments services
Banks must provide 3rd party access to payment
initiation and account information services
• Under well-defined conditions
Defines policy, doesn’t set technical direction
Useful explanation
• https://www.starlingbank.com/explaining-psd2-without-tlas-
tough/
5. PSD2 Timeline
Jan 2018 :
• PSD2 transposed to national
law
Sept 2018 :
• earliest date for security
aspects
http://digitalbaobab.com/wp-content/uploads/2016/02/psd2-timelines.pdf
6. Technology
RESTful JSON APIs are a natural choice
Wide adoption in other industries, simplicity is key
Used by Fintech, and in Digital and API Programmes at banks
Used by Challenger banks
Aggregators
7. Standards-related Activity
http://www.berlin-group.org/
open interoperability standards and
harmonisation initiative, the NextGen PSD2
Taskforce
https://www.caps-services.com/
open framework realising the regulatory intent
of PSD2 (aggregator)
https://www.abe-eba.eu/thought-
leadership/regulatory-guidance/
New publications in early 2017
Non-PSD2 : UK CMA Open Banking
https://www.gov.uk/government/news/cma-
paves-the-way-for-open-banking-revolution
Standards sometime in 2017
(There is also work ongoing in security)
9. What is ISO 20022?
Standard for Financial Messaging, iso20022.org
Agreed vocabulary for financial services &
financial data exchanged between parties
• Uses XML currently
• Can use other syntaxes e.g. ASN.1
• Plans to publish JSON syntax in 2017 ??
Growing global adoption
https://www.iso20022.org/adoption.page, April 2016
SEPA and CGI-MP corporate to bank, including account statements;
SEPA bank to bank;
SEPA instant payments, Nov 2016,
http://www.europeanpaymentscouncil.eu/index.cfm/sepa-instant-
payments/sepa-instant-credit-transfer-sct-inst/
European Target2S
Payments Canada, 2020
US Chips, high value payments, 2020
Etc
10. JSON APIs and ISO 20022
ISO 20022, SEPA, SEPA
Instant Payments etc
API
Platform
JSON APIs
Core Banking
Platforms
Integration
Middleware
Mobile Apps Mobile Apps
API
Platform
Core Banking
Platforms
Integration
Middleware
JSON APIs
Bank payment systems increasingly ‘speak’ ISO 20022
APIs and ISO 20022 payments infrastructure will coexist
11. Following ISO 20022 Best Practices
ISO 20022 solves longstanding
issues
• E.g. remittance information
Has an agreed vocabulary for
financial domain
https://www.swift.com/file/23901/download?tok
en=izEXYBlb
13. XS2A Example: account statement
Example account
details in JSON
ISO 20022 camt.053 XML, account
statement
14. Simplicity
Simplicity is critical for APIs
Direct mapping of ISO 20022 will be too complex
“Basic” ISO 20022 XML pain.001 credit transfer : 110 lines
15. Simplicity – Detailed Example
InitgPty / Initiating Party in ISO 20022 = company initiating a credit transfer
ISO 20022 XML
Directly Mapped JSON
: longwinded
The essentials in JSON
: much simpler
16. Useful precedents e.g. Currency
Notes:
A simplistic API might ‘assume’ a currency value
ISO 20022 mandates that you explicitly define currency
ISO 20022 follows a standard for currency codes (ISO 4217)
Previous SWIFT MT standard combined currency and amount in a single field:
• makes life difficult for developers
From SWIFT MT940 : earlier generation of account statements, still in
widespread use
ISO 20022 XML Corresponding JSON
(D/C Mark)(Date)(Currency)(Amount)
17. Other examples….
Consider using credit / debit indicators, not negative amounts
Remittance information : limitations on characters (latin, cyrillic etc)
Structure of postal addresses
IBANs and BICs, and when they are required
Standard for identifying countries and bank transaction codes
Etc…
18. Advice on getting started
Review APIs against ISO 20022 thoughtfully
• What fields are important in ISO 20022
• What fields should be mapped directly
• What business rules need to be honoured (ISO 20022 & bank)
• Keep simple, align where reasonable
Careful mapping will facilitate interoperability
Monitor standards activities around APIs
19. XMLdation PSD2 / API Offering
SaaS platform for managing API definitions
With automatic generation of API validation policies, test components and Developer
Portal content from a single source
PSD2 Consultancy
Advising / supporting bank teams to reach PSD2 compliance and launch Fintech
partnership programmes
Bank Challenges
PSD2
Compliance
Bank Programme Tracks
Time to
Market
Business of
APIs
API Layer Access and
Identity
API Integration
to Backend
End to End
Testing
Partnership
Model
Developer
Supports
Benefits
20. XMLdation API Offering
Product
Management
IT
dev &
testing
API Project
Onboarding
& support
Client
Business
development
API definition management
Onboarding
Developer
Services
Production Systems
API Validation
Policies
Test Automation
Framework
Test
Components
Bank IT
Environment
21. • XMLdation is a world leader in end-to-end testing of standardised
financial transaction messages : ISO 20022, SWIFT MT, JSON APIs
• Our innovative Software-as-a-Service assists banks, e-invoicing
providers, clearing houses, financial software vendors in the
implementation, testing and maintenance of transaction messages.
• XMLdation service is used by more than 20 banks in over 50 countries
worldwide
• Headquartered in Tampere, Finland; Office in Cork Ireland
• Established in 2009
• Video http://myxml.is/offering16
@api_lifecycle @xmldation
22. Next PSD2 Webinar
Thursday Feb 16, 2017
Tuesday Mar 21, 2017
PSD2: Implementing APIs that
interoperate with ISO 20022
More on API / ISO 20022 alignment
Defining ‘ISO 20022’ business rule
policies for APIs
Applying ISO 20022 policies on an API
platform
Wrapup
Register for upcoming webinars
http://www.xmldation.com/en/company/events-list
Webinar slides
Slides will be posted to website after webinars.
You will receive a link by email.
Getting started with PSD2
Drop us an email at xmldation@xmldation.com,
and we’ll help