Open Banking

Open APIs from ndgit as the basis for networked banking

The banking of the future

Open Banking refers to the opening of banks and parts of their databases to third-party providers. Open Banking APIs are an important element in opening traditional banking systems for PSD2, Open Wealth or other market standards and use cases. However, the requirements for Open Banking APIs are often complex in terms of security and regulation.

The ndgit Open Banking APIs are standard modules for banks that can be used to implement APIs quickly and efficiently for financial services with reusable components. The ndgit Premium APIs, such as PSD2 or Multibanking, are ready-to-use out-of-the-box solutions that can be implemented as SaaS modules with little effort.

Benefits of Open Banking

Open Banking offers a number of benefits to all stakeholders:

Customers

  • Access to new, innovative solutions
  • More flexibility and convenience through apps such as Multibanking

Banks

  • Opening up to new, innovative solutions
  • Opening up new, profitable sales channels
  • Flexibility and futureproofing through scalable APIs
  • Competitiveness & improved customer loyalty

Third Party Providers (TPPs)

  • Simplified access to bank data and easier payment collection
  • Development of additional growth potential
  • Enhanced analysis options for customer behavior

Open Wealth

Use the new Open Wealth standard to digitally scale your investment products with partners.

PSD2

PSD2 Compliance

Use our flexible and extendable SaaS solution with all features and services to comply with PSD2.

Multibanking API

Use Multibanking APIs to enable third party access to users’ account data