TSP

Service Providers

Technical Service Provider

Definition

Technical Service Providers are companies which work with regulated providers to deliver Open Banking products and services. TSPs provide technical infrastructure, software, and support services to help institutions implement and maintain Open Banking capabilities.

Related Terms

Frequently Asked Questions

What is Technical Service Provider?

Technical Service Providers are companies which work with regulated providers to deliver Open Banking products and services. TSPs provide technical infrastructure, software, and support services to help institutions implement and maintain Open Banking capabilities.

What does TSP stand for in Open Banking?

TSP stands for Technical Service Provider. It is a fundamental concept in Open Banking and PSD2 regulations. Technical Service Providers are companies which work with regulated providers to deliver Open Banking products and services. TSPs provide technical infrastructure, software, and support services to help institutions implement and maintain Open Banking capabilities.

How do I work with a TSP?

To work with Technical Service Provider services, you typically need to integrate with their APIs or use an API aggregator that provides TSP capabilities. Many aggregators in our directory offer TSP services with unified APIs across multiple banks.

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