EXPLORE OUR PSD2-COMPLIANT
BANKING INNOVATION PLATFORM

„FintechBlocks is an ideal solution to meet PSD2: it not only fulfills PSD2-requirements, but also offers incremental value-added components which ensure that banks can maintain their competitiveness for the future, without giving up their strategic flexibility.”

- Quote from one of our bank customers

BANKS FACE INCREASING REGULATORY AND BUSINESS INNOVATION PRESSURE

European banks are facing increasing regulatory and business pressure. PSD2-regulation requires them to open up the banks’ data vaults to third-party providers by 2018 via open APIs. At the same time, the traditional role of banks is challenged by new entrants from the fintech sector. Many banks are still in the evaluation phase to assess how to respond to these challenges: attitudes vary from the conservative approach to the fully-open digital bank approach

OUR ANSWER: FINTECHBLOCKS


PSD2 API


  • Full PSD2-compliance
  • Controlled, authenticated third-party providers’ access guaranteed
  • Value-added APIs

BANKING INNOVATION PLATFORM

  • FintechBlocks enables two-speed IT
  • Internal banking innovation platform can accommodate new development projects

FINTECH COOPERATION


  • Bank/Fintech cooperation becomes much easier via the public marketplace which hosts audited and reviewed fintech companies

HOW IT WORKS


FintechBlocks is composed of four key elements:

  • API-aggregator: connects the core banking systems (middleware) to the private cloud
  • Private cloud: hosted at the bank’s datacenter; built on docker container technology
  • API-management portal/gateway: controlls third party access to the core banking systems
  • Fintech marketplace: runs in public cloud; built on docker container technology

Technology suppliers

Our technology suppliers support us in delivering seamless implementations, with open platforms to minimize vendor lock-in.