Open Banking (PSD2)

Customer

  • Financial Services
  • Malta

Description

PSD2 is a breakthrough for the overall financial services market since it contributes to a more integrated and efficient European payment market. Thus, for the customer, implementing the Open Banking (PSD2) solution on Oracle Public Cloud enabled them to comply to the Regulatory EU obligations and offer a highly secured pre-integrated solution.

The project involves an architecture that encompasses Oracle API Cloud Service (APIPCS) and Oracle Identity Cloud Service (IDCS). These integrate with the on-premise Oracle Banking Digital Experience.

Abbreviation Definition
PSD2 Payment Services Directive 2
APIPCS Oracle API Cloud Service
IDCS Oracle Identity Cloud Service
OCI Oracle Cloud Infrastructure
SAML Security Assertion Markup Language
LDAP Lightweight Directory Access Protocol
LB Load Balancer
HA High Availability
SSO Single-Sign On

Description