In the European Union, the PSD2 and Open Banking regulations mandate banks to provide an interface that allows third parties to assess account information and perform operations on behalf of the account holder, with APIs the most likely method of implementation.

In this video, Olaf van Gorp explains how an API management platform benefits the implementation of PSD2 and Open Banking and provides a demonstration of how Akana helps publish consumer-facing PSD2/Open Banking-compliant APIs.