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0 pointscapableweb6y ago0 comments

I don't know PSD2 fully but I know that my bank rolled out support for it and as far as I gather, applications should not have to ask for my username/password via their own UI (which after testing Plaid, they do), but rather use the authentication systems from the banks to authenticate. Maybe I used it wrong though.

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toomuchtodo6y ago

Your understanding is correct. It's an OAuth2-type mandate for banking services providers.

https://transferwise.com/gb/blog/what-is-psd2

mijoharas6y ago

FYI, a lot of banks open banking apis are broken most of the time.

Having said that, for plaid in the UK, they do offer both an open banking integration and a scraping integration for most banks.

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