Mutualized Hardware and infrastructure
LUXHUB’s platform acts as a hub and provides the banking community the necessary PSD2 XS2A compliance- related services, secure communication and APIs as a gateway for receiving and granting access to payment accounts for third-party providers, allowing the latter to manage payment initiation and account information requests on behalf of payment service users.
A Flexible extension to the Open Banking Economy
By connecting the dots between Fintechs and Banks, from hardware to the functional level, LUXHUB has developed a centralised API platform which allows the interconnection between different parties in the easiest way possible. LUXHUB will ensure the security and the stability for the PSD2 compliance of more than 1.000.000 European payment accounts in 2019. The LUXHUB experts came up with a complete service offer ranging from the management of the mandatory TPP Helpdesk and Onboarding, to the possibility to exploit monetizable APIs in the near future.