PSD2: Enhancing the client experience

PSD2 is a banking directive from the European Commission focused on standardizing, integrating and improving payment efficiency while promoting innovation and offering better consumer protection.

By implementing the right strategy and solutions for PSD2, you can:

  • Introduce new services, such as a consistent global view of multiple accounts or optimized payment amount selection.
  • Capitalize on consumer data for better customer understanding, creating a richer customer experience.
  • Increase your partnerships to open new market channels and reach more customers.
psd2 prototype flow

YES BANK stays ahead of the competition as part of the API economy

One of India's largest private sector banks builds an API ecosystem with industry partners and end users to extend its market reach and provide new mobile services.

Client success

IBM API Management helps us further enhance our offerings to clients seeking seamless integration of their financial supply chain with the bank, while enabling us to improve business performance and IT costs

Anup Purohit, Senior President and Chief Information Officer, YES BANK,

Inspiring ideas for the future of banking

To tap into the latest innovations and promote a culture of disruption within their company, Northern European financial services group Nordea Bank worked with IBM to host a two-day hackathon. The Nordea Innovation Challenge brought Nordic start-ups and local developers together to design new banking apps on the IBM Cloud platform for creating and managing APIs.

The IBM Cloud platform serves as a great enabler. When running the Nordea Innovation Challenge, it supported the entire development lifecycle in an easy to understand way.

Carl Risberg, Head of Architecture and Technology, Nordea Bank,

PSD2 and Open Banking resources

IBM Cloud Financial Services European PSD2

Explore how to address European PSD2 requirements proactively and capitalize on new opportunities.

Banks drive innovation with APIs

Create engaging customer experiences through new digital channels by integrating back-end systems with mobile apps.

Banking APIs in action

Discover how APIs can open up new banking services and opportunities.

Get started

Looking for Open Banking APIs to get you started?

Learn how IBM API Connect can help you proactively prepare for PSD2.