Yolt Technology Services joins advisory group for NextGen PSD2

Yolt Technology Services joins advisory group for NextGen PSD2
21.02.2020 10:16 am

Yolt Technology Services joins advisory group for NextGen PSD2

Open Banking

Leading open banking provider Yolt Technology Services (YTS), has announced it has joined the Berlin Group’s advisory panel for NextGenPSD2. The advisory panel, which is part of the NextGenPSD2 Taskforce, is aimed at helping to shape the development and future adoption of PSD2 compliance in Europe.

The advisory panel represents the market demand-side and includes an extensive list of open banking providers and third-party providers (TPPs) from across Europe that are consulting on the strategic, business and technical topics related to the use and evolution of the NextGenPSD2 standards. By offering their views on NextGenPSD2 activities and future specification, the advisory group help to foster adoption of NextGenPSD2, remove potential barriers and promote pan-European engagement and collaboration.

YTS provides the technology behind Yolt, the smart money app and the first third-party provider (TPP) to secure API connections with all nine major UK banks and continues to be a trailblazer in the consumer Open Banking space. Yolt enables its users to aggregate their bank accounts into a single, easy to view location and gain insights on their spending and saving habits.

Leon Muis, Chief Business Officer, Yolt Technology Services, comments:

“The Berlin Group’s NextGenPSD2 initiative is pivotal to the development and implementation of Open Banking in Europe and we’re delighted to confirm our place on the Advisory Group where we can share our learnings, vast insights and experience to help mould future legislation.”

Related News

Tink extends Open Banking support for PayPal and receives strategic investment

Tink will now support PayPal (NASDAQ: PYPL) across Europe as it leverages opportunities with PSD2 and open banking. This extended work... Read more »

Open Banking thriving in the UK, with financial institutions investing more than any other European country

New data published from open banking platform Tink reveals that financial institutions in the UK are ramping up their investments in open banking, as the... Read more »

FICO Partners with OpenWrks to Deliver Affordability Assessments

Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking... Read more »

Red Hat announces new open banking customer Asiakastieto

Red Hat, Inc., the world's leading provider of open source solutions, today announced that Asiakastieto Group is using Red Hat solutions to... Read more »

Finastra global survey shows appetite for Open Banking picking up pace worldwide

Finastra research reveals that 86% of global banks are looking to use open APIs to enable Open... Read more »

Salt Edge helps Simplifi in accelerating their accounting services via open banking

Simplifi-HQ, an online accounting service provider from New Zealand has chosen Salt Edge, a leader in offering open banking solutions, to... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel