PSD2

Directive European Union / United Kingdom · 2015

PSD2 is the European Union directive that opened bank payment accounts to licensed third parties, mandating that banks provide access to accounts (XS2A) for account-information and payment-initiation services under strong customer authentication. It is the legal foundation of open banking across the EU and, as retained law, the UK — implemented technically by the OBIE standard in the UK and the Berlin Group NextGenPSD2 framework across the continent.

Sectoral regime. It binds the industries below; companies outside them generally fall outside it.

Countries

Where this binds. Each links to the providers apis.io has catalogued there.

Regions

Industries

Each links to that industry as a scored cohort — so the question "how ready is this sector for the regime that governs it?" becomes one you can actually look at.

Implemented by these standards

A regulation is the law; a standard is the machine-readable contract that satisfies it. Almost every regime in this catalog restricts an interface rather than requiring one — where a standard exists, it is the part a provider can actually publish.