FinKit™ for Open Banking from Fiserv is a fully managed service that enables banks to comply with the pace of change mandated by UK OBIE and EU PSD2 open banking regulations.
FinKit for Open Banking provides PSD2-compliant open banking APIs as a managed service, allowing you to use our platform built for automation, scale and change to maintain compliance with changing regulations and to lower the cost of compliance.
FinKit for Open Banking features include:
- Access to pre-built APIs/business services and third-party provider (TPP) support channels
- Ongoing updates to APIs/business services for Open Banking/PSD2 compliance
- Full version control and management
- Open Banking sandbox to onboard and enable banks or third parties to develop, debug, test and maintain their services
- The full operating model to run, monitor and support APIs/business services and TPPs
- Optional integration with legacy identity provider (IDP) and management of consumer consent