Open banking platform
    Open banking platform
    OVERVIEW

    Customer expectations for more convenient, faster and cheaper financial services fuel the rise of tens and

    hundreds of new market players. Digital banking and mobile applications bring along innovative payment

    practices and disrupting business relations. API banking brings opportunities for banks to provide new service and

    enable fintech partnership for customized services and enhanced user experience for their customers and secure

    additional income streams.

    Tietoevry API Banking Platform provides a secure way to give fintechs - third party payment service providers,

    non-banks, credit unions, agents, big retailers and other market players access bank products - accounts,

    payments, deposits, loans, cards, and contribute with value added products to their customers.

    Tietoevry proposes monetization module that enables new revenue streams for banks, allows offering commercial

    APls products to the market and defining flexible billing plans for fintechs - including limits and fees per API calls or

    business transactions.

    The platform is built on modern cloud native microservice arhitecture allowing banks to extend and adopt platform

    for banks’ specific business needs. Delivery options include public or private cloud, as well as on premises of the

    bank.