Berlin Group NextGenPSD2 offers a detailed ‘Access to Account’ (XS2A) Framework with data model (at conceptual, logical and physical data levels) and associated messaging, based on the Regulatory Technical Standards (RTS) of the European Banking Authority (EBA). The Berlin Group NextGenPSD2 Framework offers Operational Rules and Implementation Guideline documents with a modern, open, harmonised and interoperable set of Application Programming Interfaces (APIs) as the safest and most efficient way to provide data securely. The NextGenPSD2 Framework reduces XS2A complexity and costs, addresses the problem of multiple competing standards in Europe and enables European banking customers to benefit from innovative products and services (‘Banking as a Service’) by granting TPPs safe and secure (authenticated and authorised) access to their bank accounts and financial data.
The Framework integrates market requirements as expressed in the extensive market feedback from the public market consultation of October/November 2017, and also integrates applicable legislations and regulations as it is based on the EBA RTS. The Version 1.0 NextGenPSD2 Framework supports the PSD2 required account information (AIS), payment issuer instrument (PIIS) and payment initiation (PIS) services and is among others built on RESTful and JSON standards, relying on ISO20022 standards for the data elements to be exchanged.
The most recent version of the Berlin Group NextGenPSD2 Framework can be downloaded here