Dedicated Interface
TechnologyDefinition
A Dedicated Interface is an API specifically designed and built by an ASPSP for third-party provider access, as required by PSD2. It is the preferred method for TPP access and must meet performance, availability, and functionality requirements set by regulators.
Related Terms
Frequently Asked Questions
What is Dedicated Interface?
A Dedicated Interface is an API specifically designed and built by an ASPSP for third-party provider access, as required by PSD2. It is the preferred method for TPP access and must meet performance, availability, and functionality requirements set by regulators.
What does Dedicated Interface stand for in Open Banking?
Dedicated Interface is a key term in the Open Banking ecosystem. A Dedicated Interface is an API specifically designed and built by an ASPSP for third-party provider access, as required by PSD2. It is the preferred method for TPP access and must meet performance, availability, and functionality requirements set by regulators.
How is Dedicated Interface used in Open Banking?
Dedicated Interface is a technical standard or specification used in Open Banking implementations. It helps ensure secure, standardized communication between banks, third-party providers, and applications.
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