Banking As A Service Architecture
We enable and serve dominant financial institutions corporates and fintech entrepreneurs to bring to market highly differentiated payment solutions supported by a very strong immediate business case.
Banking as a service architecture. How banking as a service will keep banks digitally relevant and growing 3 forging beneficial partnerships with fintech firms and independent software developers to support and monetize apis. Banking as a service. Matthias kroener ceo of fidor bank says the collaboration offers the best of two digital worlds. Enterprise service bus in banking soa architecture.
Service oriented architecture soa has been a topic in the it industry for quite some time now. Fuer die nutzung von online diensten wird ein internetfaehiger computer sowie die internetanbindung an den externen it dienstleister benoetigt. Fidor says it will take a few minutes to open an o2 bank account. Microsoft industry reference architecture for banking worldwide financial services page 2 the intended audience of this document includes financial institution ctos technical and business architects consultants financial services technology vendors and others who are involved in making technology decisions within the banking industry.
Das banking industry architecture network bian ist eine unabhaengige non profit organisation zur standardisierung von serviceorientierten architekturen im bankenbereich. A soa service is a discrete unit of functionality that can be accessed remotely and acted upon and updated independently such as retrieving a credit card statement online. Software as a service saas ist ein teilbereich des cloud computingsdas saas modell basiert auf dem grundsatz dass die software und die it infrastruktur bei einem externen it dienstleister betrieben und vom kunden als dienstleistung genutzt werden. The directive has been defined to ensure the coordination of national prudential regulation and supervision the.
Designing a change management strategy to implement and advance baas to ensure strategic alignment with business objectives. Ivn hatte 2006 20 banken und 16 softwareanbieter und it dienstleister als mitglieder. Drivers for transformation of banks architecture drivers for non banks to enter retail. Over the last years many and sometime almost religious discussions have taken place about the concepts of soa.
Die organisation ist aus dem industry value network for banks ivn hervorgegangen welches 2005 gegruendet wurde. Its mobile banking offering o2 banking8 in germany in late summer 2016. To develop a customer centric banking platform banks will need to simplify their current architecture ensuring data consistency and the integrity of various processes. Core to the banking as a service activities of fintechs in europe is the payment services directive psd 200764ec and in particular its 2nd amendment known as psd2 adopted in november 2015.
Services banking architectures will need to provide the foundation for business applications across various functional areas. Service oriented architecture soa is a style of software design where services are provided to the other components by application components through a communication protocol over a network. Psd2 provides enhanced consumer protection in the context of online payment processes.