Published by Gbaf News
Posted on June 22, 2017
A Unified Interoperable Approach Mitigates Risk and Costs for Payment Service Providers with Ability to Rapidly Create New Financial Solutions
CA Technologies (NASDAQ:CA) today announced Payment Services Directive 2 (PSD2) Solution by CAto help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernise their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements. Pre-configured use cases leveraging CA API management and security integrations, plus PSD2-specific guidance help organisations streamline development and quickly deliver modern, safe and convenient transaction experiences that address PSD2 regulations.
PSD2 is legislated by the European Union and provides a legal framework for digital payments made in Europe. The aim is to increase innovation and transparency across the European payments market, while enhancing the security of Internet payments and account access.
“PSD2 represents a digital payments revolution, putting the consumer at the center of every transaction. It calls on financial services providers of all types to innovate new, secure and more convenient ways of delivering transaction services,” says Ian Clark, senior director, Solutions, CA Technologies. “PSD2 Solution by CA breaks down the barriers to that innovation by giving customers a head start with specific PSD2 guidance on policies and rules, plus API and use case documentation. It is a one-stop solution to help organisations prepare for the 2018 PSD2 deadline.”
The PSD2 Solution includes use cases that can address enrolling TPPs; consumers consenting access to their accounts; and strong customer authentication and context-based risk evaluation, which underpins the real-time validation of users.
In addition, the PSD2 Solution’s architecture allows organisations to add layers of functionality for new, innovative use cases, such as strong authentication, performance monitoring and DevOps capabilities. The platform also can be expanded to help organisations satisfy upcoming Open Banking API or FAPI (Financial API) requirements.
CA also has created a “sandbox” or demonstration environment where organisations can test and explore the PSD2 Solution with a CA representative or by themselves.
The CA products that comprise the Solution include:
For more information, please visit www.ca.com/psd2.
A Unified Interoperable Approach Mitigates Risk and Costs for Payment Service Providers with Ability to Rapidly Create New Financial Solutions
CA Technologies (NASDAQ:CA) today announced Payment Services Directive 2 (PSD2) Solution by CAto help banks, payment service providers (PSPs) and third-party providers (TPPs) to modernise their application architectures, accelerate open banking and streamline digital payments innovation to address PSD2 requirements. Pre-configured use cases leveraging CA API management and security integrations, plus PSD2-specific guidance help organisations streamline development and quickly deliver modern, safe and convenient transaction experiences that address PSD2 regulations.
PSD2 is legislated by the European Union and provides a legal framework for digital payments made in Europe. The aim is to increase innovation and transparency across the European payments market, while enhancing the security of Internet payments and account access.
“PSD2 represents a digital payments revolution, putting the consumer at the center of every transaction. It calls on financial services providers of all types to innovate new, secure and more convenient ways of delivering transaction services,” says Ian Clark, senior director, Solutions, CA Technologies. “PSD2 Solution by CA breaks down the barriers to that innovation by giving customers a head start with specific PSD2 guidance on policies and rules, plus API and use case documentation. It is a one-stop solution to help organisations prepare for the 2018 PSD2 deadline.”
The PSD2 Solution includes use cases that can address enrolling TPPs; consumers consenting access to their accounts; and strong customer authentication and context-based risk evaluation, which underpins the real-time validation of users.
In addition, the PSD2 Solution’s architecture allows organisations to add layers of functionality for new, innovative use cases, such as strong authentication, performance monitoring and DevOps capabilities. The platform also can be expanded to help organisations satisfy upcoming Open Banking API or FAPI (Financial API) requirements.
CA also has created a “sandbox” or demonstration environment where organisations can test and explore the PSD2 Solution with a CA representative or by themselves.
The CA products that comprise the Solution include:
For more information, please visit www.ca.com/psd2.
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