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WSO2 Open Banking leverages WSO2’s API management, security and integration capabilities to create a pre-configured solution specially designed for PSD2 compliance. It is built on architecture that can scale to deliver compliance for differing deployment sizes.

WSO2 Open Banking supports a comprehensive compliance experience by offering:

Secured API invocation

with comprehensive supports of OAuth2 and OpenID Connect

Predefined API templates

that support Open Banking UK, The Berlin Group, and STET API specifications

Comprehensive security capabilities

such as strong customer authentication that adhere to the Regulatory Technical Standards (RTS)

Easily Pluggable

with the out of the box integration points to connect with Core Banking Systems

Compliance with EU General Data Protection Regulation (GDPR)

with consent management, forget me feature and more

API analytics and dashboards

for trend analysis and alerting the incidents

WSO2 Open Banking for Australia

The countdown has begun for the financial services industry in Australia! The Big 4 Banks of Australia are up first - By July 1, 2019 they need to provide read access to customers data on credit and debit card, deposit, and transaction accounts. By July 1, 2020, the rest of the banks will open up access to the same data.

WSO2 Open Banking helps you comply with the Australian Open Banking regulation through a single technology platform. It is the only purpose built solution that provides all technology requirements for achieving complete open banking compliance.

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A GDPR Compliant Open Banking Solution

WSO2 Open Banking is now fully equipped to adhere to the EU General Data Protection Regulation (GDPR). The security features within WSO2 Open Banking have been enhanced to be fully compliant.

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We supports most recognized industrial API specifications out there.

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