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Austrian Financial Market Authority grants temporary extension for PSD2 interfaces to ensure the seamless functioning of payment transactions

September 12, 2019 / Nocashevents / Comments Off on Austrian Financial Market Authority grants temporary extension for PSD2 interfaces to ensure the seamless functioning of payment transactions

From 14.09.2019 third-party providers (in particular payment initiation service providers (PISPs) and account information service providers (AISPs)) will no longer be allowed to access customer interfaces using screen scraping as previously allowed, but instead will only be allowed to gain such access via interfaces that conform with PSD II, the Austrian Financial Market Authority (FMA) has announced. PSD II defines two possible options for access by third-party providers: Either the bank provides […]

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