WWS OPEN API | Auriga

WWS Open Api is the Auriga platform that allows:

• Banks to fulfill the obligations established by the PSD2 directive;
• easier interconnection for Banks and Third Parties (TPP) through the display of a series of APIs that enable the functions required by the legislation;
• Banks to centralize the TPP identification and authentication services, the management of the SCA, the analysis of possible frauds and the monitoring processes envisaged by the directive;
• Banks to minimize the technical-functional impacts and investments deriving from adaptation to the new legislation by reducing the time-to-market;
• Banks to seize the business opportunities offered by the PSD2 through the display of new value-added services that the TPPs will be able to offer to their customers;
• TPPs to simplify the interfacing method thanks to the adoption of the Berlin Group's NextGenPSD2 standard.

The result is the enablement of the Bank as a platform: the bank will have more opportunities to offer Third Party Providers services and products in synergy with its own. TPPs can develop new touchpoints and value-added services at a lower cost by having information that is typically not available, including access to the customer base.