Open Banking leverages an ecosystem of third-party apps and services to enhance and enrich the customer experience and can help satisfy regulation such as the revised EU Payment Services Directive (PSD2).
The Open Bank Project, led by Berlin-based software company Tesobe, aims to address these issues, it says, by providing “a broad catalogue” of pre-packaged APIs and an open API middleware stack designed for banks, as well as access to a global community of fintech developers.
