What is Open Banking?
Open Banking is part of a new regulation that allows customers to share their financial information electronically, securely and with permission that is confirmed every 90 days. Open Banking offers enhanced speed, security and smart solutions to banking customers.
What is PSD2?
PSD2 is the Payment Services Directive, European wide legislation which sets out rules on how to retrieve your banking information. Open Banking is the standard which implements the PSD2 directive.
What is QuickBooks doing?
Intuit QuickBooks was one of the first companies to be registered as an Account Information Service Provider (AISP) back in February 2018. Our experience of financial data management has allowed us to work with key stakeholders in Open Banking to create a secure, reliable and simple experience for consumers. We are committed to delivering only the highest quality solution to our customers.