APIs & Open Banking
APIs & Open Banking
An open banking API platform enabling banks to expose account information, payment initiation, and identity APIs to authorised third parties — compliant with PSD2, Australia's Consumer Data Right (CDR), MAS open banking guidelines, and other APAC regulatory frameworks.
Architecture Overview
Open Banking API Platform Architecture
Click to expand. The diagram shows the API gateway, third-party provider connections, bank API catalogue, and consent management infrastructure.
Platform Capabilities
What the Platform Delivers
Key Features
Built for APAC Requirements
Regulatory Compliance
Pre-built compliance with PSD2 (Europe), Consumer Data Right (Australia), MAS open banking guidelines (Singapore), and BSP open finance framework (Philippines).
Consent Management
Customer-facing consent dashboard allowing cardholders to view, manage, and revoke third-party data access — meeting regulatory requirements and building customer trust.
Developer Portal
A fully featured developer portal with API documentation, sandbox environment, and TPP onboarding — accelerating third-party integration and ecosystem development.
FAPI 2.0 Security
Financial-grade API security with OAuth 2.0, PKCE, mTLS, and JWT — meeting the highest security standards for open banking API exposure.
Typical Use Cases
Who Uses This Platform
- Banks building open banking API platforms for regulatory compliance
- Financial institutions enabling account aggregation for customers
- Banks supporting payment initiation for third-party apps
- Fintechs building products on top of open banking data
- Banks preparing for Consumer Data Right (CDR) obligations in Australia
Get Started
Ready to Implement?
Proximo's specialists will scope the implementation, manage the vendor relationship, and deliver a production-ready system — configured for your APAC market.
Discuss Open Banking