Mastercard Open Banking Services Europe is fully PSD2 (Revised Payment Service Directive) compliant. We adhere to all EU legislation and this includes PSD2. Compliance and security is what we are all about. We gather and monitor APIs from European banks into one single API. So when a bank updates their API, we swap out the […]
Short for Account Information Service Provider, an AISP is a business or service that is authorized by the financial supervisory authority (FSA) to access account and transaction data from business or personal banks. With customers’ consent, AISP businesses are able to build innovative financial services on top of bank data to the benefit of […]
What is a Third Party Provider? Third Party Provider (TPP) is a collective term that is used for Account Information Service Providers (AISP) and/or Payment Initiation Service Providers (PISP). If your business is a licensed AIS or PIS provider, your business acts as a Third Party Provider. Mastercard Open Banking Services Europe is an example […]
No. If you do not hold an AISP or PISP license, you can still use Mastercard Open Banking Services: Our quick and powerful account information and payment initiation services enable your business to access bank data with your users’ consent.
Non-PSD2 integrations are built on mobile bank apps, which means that as a general rule: If data is available in the mobile bank, it will be available in the non-PSD2 integration. After switching to PSD2, data from all of your bank’s interfaces should be available.