Compliance & Regulations
Terms
- What is open banking?
- Open banking is a financial practice that allows third-party providers to access bank account information and payment services through secure APIs, enabling innovative financial products and services.
- What is SEPA?
- SEPA (Single Euro Payments Area) is a European initiative that standardizes euro payments across 36 countries, enabling seamless bank transfers, direct debits, and card payments within the region.