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EU-wide internet banking application for managing more accounts from multiple banks in one place

Project description

New EU-wide application to link multiple bank accounts

Contributing to a more integrated and efficient European payments market, the EU revised Payment Services Directive (PSD2) aims to level the playing field for payment service providers. This new regulation, which opens the EU payments market to third-party payment service providers, obliges all banks in the European Union, Iceland, Liechtenstein and Norway to provide licensed third parties access to client data when requested. However, the banks provide data in different formats. To resolve this, the EU-funded EVERIFIN project will create an EU-wide internet banking application that links all banks in the EU to EVERIFIN to manage accounts from multiple banks in one place. The aim is to unify the fragmented European market.

Call for proposal

H2020-EIC-SMEInst-2018-2020

See other projects for this call

Sub call

H2020-SMEInst-2018-2020-1

Coordinator

USABILITY ENGINEERING CENTER, S.R.O
Net EU contribution
€ 50 000,00
Address
Mikoviniho 8
91701 Trnava
Slovakia

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Region
Slovensko Západné Slovensko Trnavský kraj
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 21 429,00