Open Banking

Comply. Connect. Thrive.

Our Open Banking Platform empowers your customers.

Our Open Banking solution is more than just software that boosts your banking capabilities. It’s a complete game-changer.

Depending on the maturity of your open banking journey, our cloud-native services include compliance with PSD2 regulation, and a market-leading open API platform for data enrichment, account aggregation and building your own ecosystem.  

Open Banking

Unleash the power of Open Finance. Embrace the platform economy.

Our open banking platform is a modular SaaS solution with exclusive, off-the-shelf capabilities. We’ll help you step into the future of finance with targeted and solution-focused use cases.

  • Watch your acquisitions and engagement climb thanks to personalized offers and streamlined UX
  • Know your customers better by gathering, analyzing and enriching your customers’ account & transaction data
  • Cut costs with pre-computed data analysis and automated processes
  • Boost customer retention by providing financial insights and advice
  • Unlock your full potential by creating your own ecosystem with our Marketplace
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  • Unified financial view

    Categorize, analyze, and visualize data more clearly than ever, in one simple web & mobile app

  • Great agility

    Help your customers access and move their money quickly and easily (manual and automated options)

  • Seamless user experience

    Allow end user to exchange financial data through open banking, eliminate the need for filling out forms

  • Improve financial health

    Of your customer by providing relevant and personalized financial insights, advice and recommendation

  • Control Information Access

    Allow end-user to manage consent on sharing account data with TPPs at anytime

Connect with 3,400+ financial institutions

Open Banking will refine and redefine your customers’ financial lives. Our solution brings a wide range of complex financial services together in a single, simplified and convenient application, and presents impactful insights in a user-friendly way.

  • Zero trust security

    Strong Customer Authentication (SCA), Customer Secure Communication (CSC) and TPP authorization management

  • Best in-class technology

    Our Core-agnostic, cloud-native SaaS solution embeds technology from industry leaders like Axway and Tink

  • Off-the-shelf use cases

    Access 15 ready-to-use use cases and pre-connected (technical and contractual) fintechs in the marketplace. Or build your own use cases

  • Open Banking PSD2 Compliance

    Expose customer data and services securely, through a set of regulated APIs

  • Open Banking Aggregation and Advanced Services

    Connect 3400+ banks and leverage the data to personalize customer journeys and build innovative services 

  • Ecosystem Enablement

    Extend your portfolio by orchestrating pre-integrated SBS partner services. Build your own ecosystem to stay ahead of the curve in a rapidly changing market

Social | Marketplace | Multi-Banking
Social | Marketplace | Enhanced Onboarding
Social | Marketplace | Personnal Finance Management
Create your use case

Open Banking Use Cases

  • Multi-banking

  • Enhanced onboarding

  • Personal finance management

  • Marketplace

Connect to 3,400+ financial institutions and manage the plethora of different data types, authentication, and authorization schemes. Gain access to PSD2 and non-PSD2 accounts, aggregate, analyze, and present the data in a user-friendly way.

Connect with prospects across all channels, verify auto-filled KYC information, enable your customers to share permissioned data from other banks… Speed up the process!

Open banking-enabled PFM solutions provide customers with a single digital app where they can access all their financial data for personal wealth management purposes.

Create your own Use Cases to serve specific needs. Discover our advanced services to build personalized digital journeys by leveraging customer’s detailed account information.

Make the most of Open Banking: Comply, Connect, Enable

Speak with our experts and get started with Open Banking today!

We have all the answers you need

Frequently asked questions

What is the difference between open banking and Open Banking?

Open banking (lower case) as a general term is used to describe the practice of integrating customer banking information and financial services to provide a personalised experience. The term applies to the exposure and consumption of these services. In the European Union, the Payment Services Directive (PSD2) requires banks to open up customers’ payment account information to regulated third parties. Outside Europe, some countries have adopted/are working on equivalent regulations. Others are allowing the market to progress on these initiatives.

Open Banking is a UK regulation. It’s a secure way to give providers access to your financial information. A dedicated operating company implements and governs not only the API standard and bank staff’s actions but also the actual processes. The regulatory initiative in the EU is PSD2, which requires banks to open up customer payment account information to regulated third parties. While the UK Open Banking Standard requires a company to run the processes, PSD2 sticks to the business rules and doesn’t impose any technology.

How does open banking enable ecosystem engagement?

Banks, mandated by PSD2 regulation to share customer information, can act as TPPs and benefit from open data themselves. To go further, they can choose to partner with various service providers to enrich their portfolio and propose unique, value-added offers to their customers. Simultaneously, the business ecosystem is enlarged, and the adoption of open banking leads to better interconnectivity inside the developer community.

How to expand your ecosystem with Sopra Banking Software >>


AISP (Account Information Service Provider) — An Account Information Service provides account information services as an online service to provide consolidated information on one or more payment accounts held by a payment service user with one or more payment service provider(s).

ASPSP (Account Servicing Payment Service Provider) — Account Servicing Payment Service Providers provide and maintain a payment account for a payer as defined by the PSRs and, in the context of the Open Banking Ecosystem are entities that publish Read/Write APIs to permit, with customer consent, payments initiated by third-party providers and/or make their customers’ account transaction data available to third-party providers via their API endpoints.

PISP (Payment Initiation Services Provider) — A Payment Initiation Services Provider provides an online service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider.

TPP (Third Party Provider) —  Third-Party Providers are organizations or natural persons that use APIs developed to Standards to access customer’s accounts in order to provide account information services and/or to initiate payments.

All definitions

What are the benefits of open banking?

Open banking provides many advantages for various market participants, stakeholders, and consumers. 

For banks, cost minimization and competitiveness have long been considered the primary benefits. In reality, open banking is a digital transformation catalyst that enables banks to make their services usable by more consumers either directly or indirectly. Banks can then leverage customers’ trust and collaborate with various TPPs to provide new, data-driven products and services. 

For customers, open banking means easier and faster access to financial services, tailored customer journeys, and offers — and, as a result, enriched customer experience. 

For third-party providers, access to an existing customer base and their personal financial information means new, innovative services and revenue opportunities.

Benefit from open banking with Sopra Banking Software >>

What is the Sopra Banking Software Marketplace?

The Marketplace was created with a simple goal in mind: position our customers to profit from the collective power of Fintech.
Thanks to the DBEP concept, our banking customers can easily combine all the available services (Sopra Banking and partners) and benefit from the DBEP foundational services. Services like the Authentication Brokerage, Authorization Management, and API Portal to build a streamlined and secure combination of services.