We’re excited to announce the launch of our new suite of PSD2-compliant endpoints, designed specifically for Third-Party Providers (TPPs). These endpoints are set to transform the way Argentex’s customers connect with and utilise their treasury systems alongside the Argentex platform, ensuring secure and efficient interactions with key banking functions. By aligning with the latest open banking standards, Argentex is paving the way for innovative financial services that can significantly benefit finance teams across UK businesses.
The new endpoints include Account Information Services (AIS), Payment Initiation Services (PIS), and Confirmation of Available Funds (CAF). Each of these services offers unique advantages that can enhance financial operations and decision-making processes.
Account Information Services (AIS) provide comprehensive access to account details and transaction history. This level of access offers clients a clear and detailed view of financial activities. With AIS, businesses can monitor cash flow, track expenses, and analyse financial trends with greater accuracy and efficiency.
Payment Initiation Services (PIS) streamline transactions by enabling direct payment initiation from customer accounts. This service enhances the user experience by simplifying the payment process, and reducing the time and effort required to complete transactions. For finance teams, PIS can lead to improved transaction efficiency and a more seamless payment workflow.
Confirmation of Available Funds (CAF) allows for real-time fund availability checks. This service ensures smoother transactions by verifying the availability of funds before processing payments, thereby reducing the likelihood of declined payments.
Argentex’s new endpoints are fully compliant with PSD2 regulations, adhering to rigorous regulatory standards and incorporating robust data security measures. This compliance ensures that all interactions with these endpoints are secure, protecting sensitive financial information and maintaining the integrity of financial transactions.
We have updated our Developer Portal to support the integration of these new services. Certified TPPs are invited to explore the portal, which offers detailed documentation and testing resources. The portal is designed to facilitate a smooth integration process, providing all the necessary tools and information to get started. Additionally, our dedicated technical team is available to provide integration support and guidance, ensuring that TPPs can effectively implement the new endpoints.
For more information and to access the new endpoints, finance teams and TPPs are encouraged to visit the Argentex website at https://www.argentex.com/psd2/. The website provides comprehensive details about the new services, as well as contact information for the support team. Whether you are looking to enhance your financial operations or explore new opportunities in financial services, Argentex’s PSD2-compliant endpoints offer the tools and support you need to succeed.
