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Object reference not set to an instance of an object.

Comments: (3)

A Finextra member
A Finextra member 16 December, 2017, 07:46Be the first to give this comment the thumbs up 0 likes Really useful article. Thank you. I have shared your article with our Open Banking Linked In Group
Rakesh Lakhani
Rakesh Lakhani - TCS - London 17 January, 2018, 10:58Be the first to give this comment the thumbs up 0 likes

Thanks for sharing the analysis. I agree that the two standards are quite closely aligned which is great for the TPPs, however I am interested in your thoughts on the message formats. Offering the multiple formats for FIs to choose which they prefer could significantly complicate the integration effort and consistency for TPPs, potentially making the directive a significant overhead rather than driving the innovation it desires. Possibly an opportunity for aggregators?

A Finextra member
A Finextra member 24 January, 2018, 05:59Be the first to give this comment the thumbs up 0 likes

Hi Rakesh - thanks for your comment. From my point of view, the options of multipe payment and account information formats and banks choosing one of those might lead to less standardisation for developers indeed. Aggregators could of course tap into this and offer aggregation services consolidating the different formats to one single API standard format. But the Berlin Group Standard should be published soon after its market consultation and let's see what are the results - I will keep the community updated on this!

Hakan Eroglu

Hakan Eroglu

Global Open Banking Lead, Advisors


Member since

23 Oct 2017



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