BUILDING A DIGITAL EUROPE

TOGETHER


Open Banking Europe is an initiative launched by PRETA, a wholly-owned subsidiary of EBA Clearing’s created in 2013 to develop and innovate market competitive services in digital payment and identity solutions.

OUR FOUR PILLARS

TRUSTED IN EU 

As a subsidiary of EBA CLEARING, PRETA is part of a 20+ year long history of successfully delivering solutions together with financial institutions across Europe.

PAN-EU COVERAGE 

PRETA offers reach across Europe through a strong and trusted network of business relationships.

EXPERTS IN THE MARKET 

PRETA can rely on experts for interfaces, regulatory practices and on exchange with international standards bodies across Europe.

COMMUNITY LED 

Design decisions are made by consensus and priority, so XS2A can follow an agreed and standardised approach.

Participants


OUR SCOPE

regulations (eIDAS and GDPR), national transposition timelines, and national register formats.

The European Retail Payments Board (ERPB) has raised concerns regarding interoperability as well as the number of recommendations issued.

Open Banking Europe provides :

  • A central repository of information relating to XS2A.
  • A holistic overview of how the internal and external elements of an Open Banking project can fit together.
  • Expertise on how national regulatory data can be used between and across countries for XS2A.
  • Essential directory services needed to check regulatory information and to exchange operational information.

Open Banking Europe does not provide API standards or API software.

The PRETA OBE Approach


 

Define

SME Group Engagements & Regulatory Analysis

 

On behalf of OBE stakeholders, PRETA engages with:
  • PSP communities
  • Solution Providers
  • EC & ECB via ERPB
  • Member State Regulators
  • International Standards Bodies
  • Interface Design Organisations

Design

Design & Standardisation: Handbook & Miniguides

 

Turning complex topics into digestible formats for all PRETA OBE stakeholders to support common approaches and standardisation reviews of the PRETA OBE .

Develop

Test Data & Reference Implementations

 

Agile design: PRETA Open Banking Europe creates demo data, services and UI tools. All stakeholders can get access to a beta play and test version of the directory.

Decide

Community Review & Pan-EU Alignment

 

Continuous updates, education and group sessions ensure that all stakeholders have the same level of information and can make informed decisions.