European challenger Banco BNI Europa is set to implement NDGIT’s ‘PSD2 Ready’ solution to fulfil all Payment Service Directive 2 (PSD2) requirements.

The PSD2 Ready is a software solution that provides ready-made APIs with backend connectors complying with the technical standards of the Berlin Group RTS standard, STET or UK Open Banking.

Banco BNI Europa executive chairman Pedro Pinto Coelho said: “On March 14th, the implementation of the PSD2 will enter the next phase – Banks must provide a test environment including documentation for their account information and payment initiation services.

“Following our strategy of open architecture, NDGIT is the best partner. In a business where time is money, an implementation in just 60 business days brings us far ahead.”

The PSD2 Ready offers flexible configuration for all banking operation requirements and adaptive to the various options of API standards and authorisation.

Additionally, the updates and extensions are centrally installed without altering the individual bank interfaces.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

NDGIT CEO Oliver Dlugosch said: “We are very pleased to have BNI Europa as strategically important customer in the Portuguese market.

“As hidden champion in API management, NDGIT is already working successfully with over 20 banks in Europe.

“The cooperation with BNI Europa adds another country to our map, further confirms our open banking competence and supports our business and international growth fundamentally.”

Based in Portugal, Banco BNI Europa operates across several European jurisdictions including Germany, the UK and the Netherlands among others.

Its credit portfolio includes consumer credit, student loans, SME lending and real estate lending services.