Two main areas of expertise:

1. PSD2 and Regulatory Technical Standard (RTS) compliance
2. Third Party Provider (TPP) core application (Bank API; (XS2A); Client’s API; SCA; PIS functionalities, AIS functionalities, Consent management, and supporting services; (Transaction Monitoring, reports. AML, API monitor etc.)

For PSD2 and RTS compliance we offer:

• Guidance in establishing internal processess needed for acquiring PSD2 licence.
• Consultancy for PSD2 & RSA license (assessment of the current state, gap analysis, the definition of necessary steps to achieve the license, project oversight, and delivery of needed documents etc.).
• Assist with development of internal documents – internal policies, regulation and compliance.
• Create governance risk and compliance, policies and documentation.
• Establish internal processes and develop policies for RTS GRC support (Governance Risk and Compliance). Frameworks that are commonly used are ITIL, COBIT; NIST; ISO27001/27002, ISO 22301; IT risk management/ISMS, Internal  IT Audit, Business Continuity; Regulatory reporting.
• Provide specialised sub processes for PSD2, such as Incident Management; API monitoring; PSD2 Audti, AML compliance.

For TPP core application

We can provide a software solution that integrates Payment Initiation Service (PIS) and Account Information Service (AIS) services into your core systems. Removing the need for architectural system redesign/refactoring.

1. Implementation of PIS and AIS service on a Bank’s API
   1. sandbox implementation
   2. Production API implementation

• PIS (payment services)

1. AIS (Account information services)

1. partner API custom development (according to clients specification/business needs)

Currently in development and part of the application roadmap

1. Transaction Monitoring
2. Payment regulatory reporting
3. AML