Press release: 30 participants signed up to Open Banking Europe

Paris, 19 March 2018, PRETA announced today that 30 financial institutions and industry service providers have joined Open Banking Europe, an initiative launched by PRETA in June 2017 to respond to market needs for a centralised PSD2 directory.

With the revised Payment Services Directive (PSD2) in force since 13th January 2018 and the Regulatory Technical Standards on common secure communication adopted on 27th February 2018, the need for a centralised directory for account-servicing payment service providers (AS-PSPs) and third-party providers (TPPs) has become more pressing as compliance with Access-to-Account requirements will have to be achieved by the end of September 2019.

To this end, Open Banking Europe is bringing stakeholders together to address this need and the practical issues around it based on a pan-European approach.

Read the full Press release