After developing one of the leading European Open Banking platforms allowing banks to smoothly comply with the PSD2 regulation, LUXHUB unveils LUXHUB One, „a fast and simple solution for banks and third-party providers to leverage Open Banking without experiencing the amount of work involved to implement fragmented APIs.”, according to the press release.
LUXHUB One represents an integration layer that allows access to any financial institution via a unified API, so that Service Consumers can take advantage of a faster and cost-effective way to integrate Service Providers’ APIs.
LUXHUB One is facilitating digital banking by enabling account aggregation. Unifying API formats, security profiles and API flows, regardless of the Open Banking standard followed, a quicker time to market is achieved and better services are provided to the end user.
Hosted in Luxembourg, LUXHUB revolves around security, compliance and creation of new products and services, thus allowing banks and third-party developers to focus on business value delivery and empowering the future of financial services.
With 36 European financial institutions from 10 different countries onboarded on its Open Banking platform, LUXHUB follows its mission to offer to all the financial market players a superior ecosystem and a straightforward user experience.
“Passion and commitment are our drivers for excellence. We stand out for delivering efficiency and proudly represent Luxembourg in this European Open Banking path.” Jacques Pütz, CEO LUXHUB