PSD2 at PNBIL(UK)
The Second Payment Services Directive (PSD2) is a European payments-related legislation that came into effect on 13th January 2018.
In UK, the "Payment Services Regulations 2017" implemented the EU directive into national law effective from that same date. It aims to increase competition in the payments industry, introduce new types of payment services and improve customer protection and security.
PSD2 requires all Account Servicing Payment Service Providers (ASPSP) to make a dedicated interface available for Third Party Providers (TPP) registered with FCA to access accounts to provide services like account information and payment initiation.
PNBIL(UK)is an ASPSP and we have partnered with Token, a leading provider of open banking technology, to make our PSD2 dedicated interface available. As a part of this partnership PNBIL(UK) would like to annouce the availablility of our developer portal with effect from 12th March 2019.
If you are a TPP, please use the link below in order to access the technical specification and supporting documentation on the developer portal to test PNBIL(UK) dedicated interface.
Developer portal : https://pnb.docs.token.io/