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Open Banking API

Open banking is changing the industry by opening up financial data and new services to bring innovations to the financial landscape, focus on consumer needs, and ensure maximum security.

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Overview

A New banking concept where Banks will share customer data using standardized API endpoints to third party companies that will access and process customer data. Developers and Fintech companies can access these API endpoints and process customer data to create new financial products and services. Following APIs are developed for ready to consume purpose : Account Access Consents - Accounts - Balances - Transactions - Beneficiaries - Direct Debits - Standing Orders - Products - Offers - Parties - Schedule Payments - Statements Payment Initiation API * Domestic Payments * Payments Details * Domestic Scheduled Payments * Domestic Standing Orders * File Payments * International Payments * International Scheduled Payments * International Standing Orders Confirmation of Funds API # Funds Confirmations Variable Recurring Payments API $ Domestic VRP Consents $ Domestic VRPs

Key Features

  • OBIE Directory Onboarding API
  • Account and Transaction API
  • Payment Initiation API
  • Confirmation of Funds API
  • Variable Recurring Payments API
  • API Version Control
  • Secure Key store integration
=Tata Consultancy Services Ltd.

Partner Name

TCS


Tags


Offering Type

Component
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