With the revised Payment Services Directive (PSD2) in force since 13th January 2018 and the Regulatory Technical Standards on common secure communication adopted on 27th February 2018, the need for a centralised directory for account-servicing payment service providers (AS-PSPs) and third-party providers (TPPs) has become more pressing as compliance with Access-to-Account requirements will have to be achieved by the end of September 2019.
To this end, OBE is bringing stakeholders together to address this need and the practical issues around it based on a pan-European approach.
“We are pleased that so many high-profile institutions have decided to join our Open Banking Europe* initiative to support the development of PSD2 Access-to-Account directory services. This practical deliverable is a key missing element that PSPs and TPPs across Europe will have to rely on from September 2019 when the relevant regulatory requirements kick in. OBE’s expertise in delivering successful panEuropean solutions in consultation with users and stakeholders is a sound basis for providing a fit-for-purpose solution and building the necessary reach,” said John Broxis, Managing Director of OBE.
On 20th March 2018 there is a joint event with ETSI, a not-for-profit organisation with more than 800 member organisations worldwide which produces globally-applicable standards for Information and Communications Technologies (ICT), on the topic “eIDAS meets PSD2. Securing access to financial services” in Nice France. OBE demonstrate the PSD2 qualified certificate registration experience which will be shown along with an example of securing end to end transaction with PSD2 certificates.
*previously Open Banking Europe; now Open Banking Exchange (OBE) Europe.