PSD2 Corporate

1.0.0
Summary
Since January 2018, there is a new European regulation in place that entitles bank account holders to choose how they want to make use of their bank accounts. The name of this regulation is PSD2 (short for Payment Service Directive 2).

BRD Corporate APIs use as a technical basis the standard specified by the Berlin Group and published in the “NextGenPSD2 Access to Account Interoperability Framework” documents.

The documents are published and available for download here:
Link: https://www.berlin-group.org/nextgenpsd2-downloads
Our APIs allow easy and secure access to bank accounts, customer data and payments. We support both Account Information Services and Payment Initiation Services.

The BRD chosen approach for Corporate APIs is:
• Decoupled SCA Approach
Following the decoupled approach, the TPP generates the transaction and the PSU has to authenticate in a separate channel the transaction via dedicated BRD Corporate Online Application.

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