Open Banking Protect

Third-party license and certificate status validation

 

Near real-time protection 

Validate third-party providers’ license, certification and passporting authorizations

Open Banking Protect provides account servicing payment services providers (ASPSPs) with near real-time protection against unauthorized third-party providers (TPPs) trying to gain access to their customers’ accounts.

Single checkpoint
Provides a single API connection to validate a TPP’s identity and their licensed and certificated status to request the services they are accessing.

 

Removing complexity
Converts more than 115 inconsistent, non-machine readable registers across 31 EEA national competent authorities (NCAs) into a near real-time validation.

Near real-time validation
Provides TPP validation in near real-time, empowering the ASPSP to confidently assess whether to accept or decline a TPP’s request.

Open Banking Connect

A universal connection to financial institutions’ Open Banking APIs

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