LUXHUB launches API product for account aggregation

Wednesday 25 September 2019 13:26 CET | News

LUXHUB has unveiled LUXHUB One, a solution for banks and third-party providers to leverage Open Banking without experiencing the amount of work involved to implement fragmented APIs.

LUXHUB One represents an integration layer that allows access to any financial institution via a unified API, supporting digital banking by providing account aggregation. Unifying API formats, security profiles and API flows, regardless of the Open Banking standard followed, help achieve better services to the end user.

LUXHUB has developed an Open Banking platform, hosted in Luxembourg, which onboards 36 European financial institutions from 10 different countries. The platform aims to offer to all the financial market players a superior ecosystem and a straightforward user experience.

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Keywords: LUXHUB, Open Banking, Open APIs, banking, Europe, partnership, PSD2, account aggregation
Countries: World

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