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"NextGenPSD2"

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Diagram illustrating the NextGenPSD2 framework for open banking APIs

Open Banking

What Is NextGenPSD2?

NextGenPSD2 is the set of API standards launched by the Berlin Group in 2017, now involving more than 1,700 banks from 20 countries. This post explains what the framework offers to banks, fintechs and third-party providers under PSD2.