Open Bank Project - Headed by TESOBE

Allgemeine Informationen

The Open Bank Project is a European initiative to open up financial transactions to much larger groups of individuals and raise the bar of financial transparency. It will achieve this by allowing a diverse range of third-party software applications (including fraud analysis tools, web apps, mobile apps, social widgets and payment gateways) to access any bank account that supports the Open Bank Protocol and API. Once a bank supports the Open Bank Protocol, account holders could opt in to the protocol and choose which groups of users would have access to the account. Security will be assured by a combination of in-house security expertise and scrutiny from the open source community.