No doubt, PSD2 regulation will affect the whole payment landscape across the EU.
EU has issued the PSD2 regulation to make payments safer, increase consumers protection, foster innovation and competition.
PSD2 enables new types of payment and account information services:
Third party providers using Citadele API are able to create new services and give permission to those services to access customer’s bank data if the customer has agreed to share it. It will always be required to get access to customer's data with the customer specifically giving his/her consent. No customer data can be accessed by any third parties without proper licensing and receiving customer consent first.
APIs available currently for Latvia, Lithuania, Estonia:
More detailed information is available in the API documentation.
In order to use PSD2 APIs, you need to obtain appropriate PISP and/or AISP license.
If you need more information, please contact us.