EBA publishes clarifications to the first set of issues raised by its Working Group on APIs under PSD2

  • Press Release
  • 26 April 2019

The European Banking Authority (EBA) published today clarifications to the first set of issues that had been raised and discussed by participants of its Working Group (WG) on APIs under PSD2, which met for the first time on 21 February 2019. The issues relate the practical aspects regarding the reliability of testing platforms, the alignment of functionalities between API schemes, and the qualified trust service providers issuing certificates for PSD2 purposes.

Background and next steps

In January this year, the EBA established a Working Group (WG) on APIs under PSD2, consisting of 30 individuals representing account servicing payment service providers (ASPSPs), third party providers (TPPs), API schemes, and others market participants. The aim of the group is to facilitate industry preparedness for the Regulatory Technical Standard (RTS) on Strong Customer Authentication and Common and Secure Communication and to support the development of high-performing and customer-focused APIs under PSD2.

The group is tasked with identifying issues and challenges that market participants face during the testing and use of API interfaces in the period leading up to the application date of the RTS on 14 September 2019. The group is also asked to propose solutions on how to the identified issues could addressed, which the EBA and national authorities will then consider.

In the weeks and months to come, the EBA will add clarifications to a number of additional issues raised by the WG.


Issues I to III raised by EBA WG-API.pdf

(223.36 KB - PDF) Last update 11 March 2019

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