Treasury Management Internation Logo

HSBC launches PSD2 Developer Portal with expanded APIs

Published 

London – HSBC has launched a portal designed to allow third party payment providers to develop products and services for European consumers and businesses as required by the Second European Payment Services Directive (PSD2) and in line with the Competition and Markets Authority Open Data Specifications.

HSBC’s launch of its PSD2 Developer Portal will help the bank to meet the requirements of the directive, which aims to increase competition and reduce costs in the European payments industry.

HSBC’s Developer Portal is a secure sandbox environment where developers can test Application Programming Interfaces (APIs) for three services: Account Information, Payment Initiation and Funds Confirmation. Developers can access mock data from Retail and Corporate Payment Accounts in scope of PSD2.

Nadya Hijazi, Global Head of Global Liquidity and Cash Management Digital, HSBC, said: “We are keen to work with multiple parties to develop and test their applications and customer propositions through easy and secure access to the wide range of simulated products and services on our PSD2 Developer Portal. We look forward to working with third party payment providers across Europe to use HSBC’s services and bring new innovation to the market through an intuitive developer ecosystem.”

This testing facility in the secure sandbox environment provides developers with the choice of Open Banking Implementation Entity (OBIE) and STET standards, with work underway to include the Berlin Group standards.

The launch of the PSD2 Developer Portal marks another step towards introducing more digital innovation and competition for payment services while ensuring high levels of security. It is anticipated that the changes will lead to increased customer choice and confidence in using Account Information Services and Payment Initiation Services, when consenting to share their financial data.

Link to the portal: https://developer.hsbc.com

Most recent episodes

The Future of ESG in Treasury

In this podcast, Melissa Moi, Peter Jameson and Venkat ES from Bank of America join TMI’s Eleanor Hill to determine where the ESG journey is heading next. Our expert panel consider how changing regulation, technology solutions and metrics including ESG KPIs...

26:50

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55