Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Banfico stands out as a reliable provider of open banking technology, delivering a range of scalable, secure, and regulation-compliant solutions specifically designed for banks and fintech companies. Our dedicated open banking API adheres to Financial Grade API (FAPI) standards and is compatible with major global frameworks, including Open Banking UK, Berlin Group, and STET. This robust enterprise-grade API prioritizes customer identity verification, authentication, and security, facilitating smooth integration with core banking systems while providing comprehensive solutions such as customer authentication and consent management. Additionally, the OB Directory serves as a compliant repository of standardized information regarding active regulated entities, linking to all National Competent Authority (NCA) registers and the European Banking Authority (EBA), with updates occurring in real time every two hours. Furthermore, Banfico's Modified Customer Interface (MCI) ensures a secure interface that aligns with Open Banking and GDPR regulations, allowing banks to swiftly and efficiently meet compliance requirements while reducing their overall costs. This comprehensive approach positions Banfico as an essential partner for financial institutions aiming to navigate the complexities of open banking effectively.
Description
The implementation of the PSD2 Directive on January 13, 2018, marked a pivotal moment in the digital evolution of the banking sector. This transformation affects the entire payments ecosystem, encompassing both banks and entities classified as banking service providers. A new landscape has emerged in which Third Party Providers (TPPs) are allowed to access account data and facilitate payments, contingent upon explicit consent from users, known as Payment Service Users (PSU). If you are a TPP or aspiring to become one, and you wish to integrate with our API platform, please check our “Get started” section for detailed guidance. Our platform represents the future of digital payments. The WWS Open API is designed to harness the opportunities presented by Open Banking and PSD2 regulations. Additionally, the WWS Open API sandbox offers TPPs a space to test functionalities available on the platform through sandbox APIs, ensuring they can innovate and refine their services effectively. This collaborative environment fosters innovation and encourages the development of new financial solutions.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
FastDox
No
Joyride
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Banfico
Founded
2017
Country
United Kingdom
Website
www.banfico.com
Vendor Details
Company Name
Auriga
Country
United States
Website
wwsopenapi.sba.bcc.it/
Product Features
Product Features
API Management
API Design
No
API Lifecycle Management
No
Access Control
No
Analytics
No
Dashboard
No
Developer Portal
No
Testing Management
No
Threat Protection
No
Traffic Control
No
Version Control
No