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.
with comprehensive supports of OAuth2 and OpenID Connect
that support Open Banking UK, The Berlin Group, and STET API specifications
such as strong customer authentication that adhere to the Regulatory Technical Standards (RTS)
with the out of the box integration points to connect with Core Banking Systems
with consent management, forget me feature and more
for trend analysis and alerting the incidents
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.
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.