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.

Fields of science

• natural sciences › computer and information sciences › internet
• natural sciences › computer and information sciences › computer security › data protection
• social sciences › economics and business › business and management › business models
• social sciences › law

Programme(s)

• H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme
• H2020-EU.3. - PRIORITY 'Societal challenges
• H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies

Topic(s)

• EIC-SMEInst-2018-2020 - SME instrument

Call for proposal

H2020-EIC-SMEInst-2018-2020

See other projects for this call

Sub call

H2020-SMEInst-2018-2020-1

Funding Scheme

SME-1 - SME instrument phase 1

Coordinator

USABILITY ENGINEERING CENTER, S.R.O

Net EU contribution

€ 50 000,00

Address

Mikoviniho 8
91701 Trnava
Slovakia

Region

Slovensko › Západné Slovensko › Trnavský kraj

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

Links

Non-EU contribution

€ 21 429,00