Fintecture Vocabulary

vocabulary: API Commons Vocabulary
specificationVersion: '0.1'
provider: Fintecture
providerId: fintecture
created: '2026-05-25'
modified: '2026-05-25'
description: >-
  Vocabulary of the operational and capability dimensions exposed by Fintecture's
  Open Banking platform. Aligns industry PSD2 / Berlin Group terms with
  Fintecture product names.
tags:
  - Open Banking
  - PSD2
  - Payments
concepts:
  - term: PIS
    label: Payment Initiation Services
    definition: PSD2 regulated service category for initiating payments from a PSU's payment account on their behalf.
    aliases: [Payment Initiation Service Provider, PISP]
  - term: AIS
    label: Account Information Services
    definition: PSD2 regulated service category for retrieving information from a PSU's payment account on their behalf.
    aliases: [Account Information Service Provider, AISP]
  - term: PSU
    label: Payment Service User
    definition: The end customer initiating a payment or granting account access.
  - term: ASPSP
    label: Account Servicing Payment Service Provider
    definition: The PSU's bank that ultimately holds the account being debited or read.
  - term: TPP
    label: Third Party Provider
    definition: The PSD2 regulated party (Fintecture here) acting on the PSU's behalf as PISP and/or AISP.
  - term: SCA
    label: Strong Customer Authentication
    definition: Two-factor authentication required by PSD2 for most regulated payment and account-access flows.
  - term: RUM
    label: Reference Unique Mandate
    definition: Per-mandate unique identifier in the SEPA Direct Debit / e-mandate scheme. Duplicate RUMs return 409 Conflict.
products:
  - id: immediate-transfer
    name: Immediate Transfer
    description: Pay-by-bank Open Banking transfer initiation. The PSU authenticates at their bank and confirms the payment; settlement is near-instant.
  - id: smart-transfer
    name: Smart Transfer
    description: Auto-reconciled transfer using a merchant-allocated virtual unique IBAN. Inbound funds match exactly back to the payment session.
  - id: request-to-pay
    name: Request To Pay
    description: Payment link delivered by email, SMS, QR code, or embedded in an invoice. PSU follows the link to complete an Immediate Transfer, Smart Transfer, or BNPL payment.
  - id: bnpl
    name: Buy Now Pay Later
    description: Deferred payment option composed inside the Payment Hub.
  - id: verified-payout
    name: Verified Payout
    description: Outbound disbursement to a verified bank account, used for customer reimbursements and credits.
  - id: immediate-refund
    name: Immediate Refund
    description: Full or partial refund initiated to the original payment account or to an alternative payout account.
  - id: account-information
    name: Account Information
    description: Retrieve PSU accounts, balances, holders, and transactions.
  - id: ais-verification
    name: AIS Identity Verification
    description: AIS-backed name-match check that the bank account holder matches the merchant's customer record.
  - id: e-mandates
    name: E-Mandates
    description: SEPA-style mandates identified by RUM; supports cancel and revoke status transitions.
  - id: payment-hub
    name: Payment Hub
    description: Single endpoint that orchestrates Immediate Transfer, Smart Transfer, and BNPL inside a unified payment session.
  - id: local-acquiring
    name: Local Acquiring
    description: Merchant funds first land in a Fintecture-managed acquiring account, then are settled to the merchant's own bank account.
services:
  - id: pis
    capabilities: [Immediate Transfer, Smart Transfer, Request To Pay, BNPL, Verified Payout, Immediate Refund]
  - id: ais
    capabilities: [Accounts, Holders, Balances, Transactions, Verification]
  - id: customers
    capabilities: [Customer registration, Customer bank accounts, Verifications]
  - id: e-mandates
    capabilities: [Create, List, Get, Cancel, Revoke]
  - id: oac
    capabilities: [Applications, Bank Accounts, Companies, Organisation Nodes, Memberships, Users]
rails:
  - id: SEPA
    name: SEPA Credit Transfer
    region: EEA
  - id: iSCT
    name: SEPA Instant Credit Transfer
    region: EEA
  - id: FPS
    name: UK Faster Payments
    region: UK
  - id: PLN
    name: ELIXIR
    region: Poland
  - id: INT
    name: International
    region: Cross-border
auth:
  - id: pis-token
    grant: client_credentials
    scope: PIS
  - id: ais-token
    grant: authorization_code
    scope: AIS
  - id: customer-token
    grant: client_credentials
    scope: customer
  - id: emandate-token
    grant: client_credentials
    scope: e-mandate
  - id: oac-token
    grant: client_credentials
    scope: OAC
    status: beta
security:
  - id: http-message-signature
    definition: RFC draft-cavage-http-signatures. Production calls require Signature, Digest, Date, and x-request-id headers.
sources:
  - https://doc.fintecture.com/
  - https://fintecture.com/
  - https://doc.fintecture.com/llms.txt