Open Banking Financial Glossary

Welcome to our financial glossary, a useful tool designed to help people understand the complicated world of open banking and give businesses a better grasp on the terms used in their field.

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B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
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T
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V
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A
Account Information Service Provider (AISP)Account Servicing Payment Service ProviderAPI DataAPI Provider
‍API UserApplication Programming interfaceAPSP BrandAuthorised Push Payment (APP) Fraud
B
Nothing to see here
C
Card Based Payment Instrument IssuerCMA OrderCMA RemediesCMA9Competent Authority
‍Competition and Markets AuthorityConfirmation of Payee
D
Data Protection and Digital Information(DPDI) BillData StandardDirectoryDirectory Sandbox
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E
European Banking Authority Regulatory Technical Standards
F
Financial Conduct Authority
FedNow
G
General Data Protection Regulation
GDPR
H
Nothing to see here
I
Nothing to see here
J
Joint Regulatory Oversight Committee (JROC)
K
Know Your Customer (KYC)Know Your Business (KYB)
L
Nothing to see here
M
Mandatory ASPSP
N
Nothing to see here
O
Open BankingOpen Banking EcosystemOpen Banking LimitedOpen Banking ServicesOpen DataOpen Finance
P
ParticipantPayment Initiation Services ProviderPayment Services ProviderPayment Services RegulationsPayment Services UserPrimary Business ContactPrimary Technical Contact
Q
Nothing to see here
R
Read/Write APIRead/Write DataReverse Charge
S
Small and Medium-sized EnterprisesSmart DataSmart Data CouncilStandardsStrong customer AuthenticationSweeping
T
Technical Service ProviderThird Party Provider
U
Nothing to see here
V
Variable Recurring Payments (VRPs)Voluntary ASPSP
W
Nothing to see here
X
Y
Nothing to see here
Z
Nothing to see here

Still have questions?

What is a financial glossary?
For all the words and definitions you need in the financial world, check out our Open Banking Financial Glossary.
Its purpose is to be a super useful reference for people who want to learn more about the complicated world of open banking