GN-z11: clean up, added uncategorised tag
'''The Berlin Group''', a European coalition of banks and payment processors with the primary objective of defining open and common scheme- and processor-independent standards in the interbanking domain between [[Creditor]] Bank (Acquirer) and [[Debtor]] Bank (Issuer), complementing the work carried out by e.g. the [[European Payments Council]]. As such, the Berlin Group has been established as a pure technical standardisation body, focusing on detailed technical and organisational requirements to achieve this primary objective.<ref>http://bit.ly/2GpzFca>
The Berlin Group has defined a common API standard called "NextGenPSD2" to enable Third Party Providers (TPPs) to access bank accounts under the revised [[Payment Services Directive]] (PSD2).<ref>http://bit.ly/2Ic14jA>
==History==
The Berlin Group first met in [[Berlin]], hence its name, in October 2004 and currently has participation of 25 major players in the payments industry from 10 different euro-zone countries and from the UK, Sweden, Denmark, Norway, Iceland, Turkey, Bulgaria, Hungary, Serbia and Switzerland, together representing more than 25 billion card-originated transactions annually within the [[Single Euro Payments Area]] (SEPA). The participants are banks (ASPSPs), banking associations, payment associations, national and international payment schemes, and interbank processors working in SEPA.
==NISP==
NextGenPSD2 Implementation Support Programme (NISP) supports the implementation, testing & certification of the Berlin Group NextGenPSD2 Framework. The primary objective is achieving swift compliance to all relevant regulatory and organisational requirements from the [[European Union]] (EU) and the [[European Banking Authority]] (EBA).<ref>http://bit.ly/2GnvuxF>
==See also==
*[[Payment Services Directive]]
*[[Open Banking]]
==References==
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The Berlin Group has defined a common API standard called "NextGenPSD2" to enable Third Party Providers (TPPs) to access bank accounts under the revised [[Payment Services Directive]] (PSD2).<ref>http://bit.ly/2Ic14jA>
==History==
The Berlin Group first met in [[Berlin]], hence its name, in October 2004 and currently has participation of 25 major players in the payments industry from 10 different euro-zone countries and from the UK, Sweden, Denmark, Norway, Iceland, Turkey, Bulgaria, Hungary, Serbia and Switzerland, together representing more than 25 billion card-originated transactions annually within the [[Single Euro Payments Area]] (SEPA). The participants are banks (ASPSPs), banking associations, payment associations, national and international payment schemes, and interbank processors working in SEPA.
==NISP==
NextGenPSD2 Implementation Support Programme (NISP) supports the implementation, testing & certification of the Berlin Group NextGenPSD2 Framework. The primary objective is achieving swift compliance to all relevant regulatory and organisational requirements from the [[European Union]] (EU) and the [[European Banking Authority]] (EBA).<ref>http://bit.ly/2GnvuxF>
==See also==
*[[Payment Services Directive]]
*[[Open Banking]]
==References==
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from Wikipedia - New pages [en] http://bit.ly/2URZQeU
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