Luxembourg: A Proven Solution for PSD2 Compliance
In an effort to streamline banking compliance, Luxembourg-based LUXHUB has introduced XS2A, a complete technical solution designed to assist Account Servicing Payment Service Providers (ASPSPs) with Regulatory Technical Standards related to the Second Payment Services Directive (PSD2).
What is XS2A?
XS2A is a proven platform that has already been adopted by over 40 ASPSPs across Europe. With its strong expertise in PSD2 compliance, LUXHUB supports customers on a day-to-day basis, providing them with an easy and quick way to comply with the directive.
Key Features of XS2A
- Handles millions of calls monthly
- One of the largest European Open Banking Hubs
- Complete management of ASPSP XS2A APIs
- Identification of authorized Third-Party Providers (TPPs)
- Management of TPP onboarding and mandatory TPP Helpdesk
- 24/7 management of the entire infrastructure
Range of Services for PSD2 Compliance
LUXHUB offers a range of services to ensure comprehensive support in PSD2 compliance journeys, including:
- IT services
- Operations services
- Everything needed for financial institutions to meet their PSD2 obligations
PSD2 API Check: A Useful Tool
For those looking to test the compliance of their PSD2 interfaces, LUXHUB’s PSD2 API Check is a useful tool. This solution enables testing of PSD2 APIs from a licensed TPP perspective, following predefined end-to-end scenarios.
Recent News and Developments
- LUXHUB has received PSF status
- Hosted the first European Open Banking panel
- Partnered with Temenos to provide a PSD2 solution for banks
Learn More about XS2A
To learn more about LUXHUB’s XS2A platform and how it can support your PSD2 compliance journey, visit [LUXHUB website].