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February 8 2018

Berlin Group publishes Version 1.0 of the NextGenPSD2 Framework

Today, the Berlin Group has published Version 1.0 of the NextGenPSD2 Access to Accounts (XS2A) framework that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive (PSD2). Version 1.0 integrates...

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June 13 2017

A single European standard for accessing bank accounts

NextGenPSD2 Initiative, a dedicated taskforce of the Berlin Group, today announced the creation of an open, common and harmonised European API (Application Programming Interface) standard to enable Third Party Providers (TPPs) to access bank accounts...

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October 12 2016

GBIC’s response to the EBA Consultation Paper “EBA-CP-2016-11"

The German Banking Industry Committee (GBIC) welcomes the EBA consultation paper and the opportunity offered to provide feedback on the future draft Regulatory Technical Standards (RTS) on strong customer authentication (SCA) and secure communication...

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June 3 2016

Comments on Consultative Document on Standardised Measurement Approach for Operational Risk (BCBS...

In autumn 2015, the BCBS announced that it would withdraw the AMA for operational risk. It stated that the rationale for dropping the AMA would be explained in the BCBS’s new consultative document. In our view, however, the consultative document does...

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December 2 2013

Comments by Die Deutsche Kreditwirtschaft (German Banking Industry Committee)1 on the proposal of...

From the viewpoint of the Deutsche Kreditwirtschaft, some of the changes to the EU Payment Services Directive proposed by the European Commission still need considerable improvement.

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