Unlocking Financial Data: An Introduction to the FIDA Framework
Get all the details of FIDA (Financial Data) framework and understand…
TechnoXander empowers banks with innovative PSD2, Open Banking, and fraud prevention solutions for a secure payments future.
We are a UK-based Fintech specialising in Payments innovation. TechnoXander is an enthusiastic team interested in helping banks and institutions make the most of PSD2, Open Banking and fraud prevention solutions such as Confirmation of Payee (CoP).
We adapt and re-invent ourselves every day to embrace the changes in the payments world. We invest in building products and practices which align with the latest trends in the market. Our products built in-house are a testament to a team which adapts and learns quickly. Our products are compliant with regulatory requirements and are built on a modern technology stack.
A one stop shop for all your Open Banking requirements.
Open Banking Dedicated Interface
Our Open Banking Dedicated Interface API solution is compliant with latest technical standards in UK to help banks meet their PSD2 obligations.
Open Banking Contingency Mechanism
Also known as Modified Customer Interface or Fallback Mechanism is an alternate way for TPPs to connect with ASPSPs.
Open Banking Test Suite
A fully automated interactive In-house Testing application
Smart solutions built to streamline and protect every transaction.
TechnoXander Verification of Payee (VoP) API is a cutting-edge solution for all your name and account verification checks when processing SEPA Payments. Our Verification of Payee (VoP) API verifies payee’s name before any transaction, putting an extra layer of security to prevent APP fraud.
Considering the increasing number of APP scams, TechnoXander VoP API aims to secure all payments by verifying payee’s name and IBAN before a payment is initiated. Our Verification of Payee solution is easy to integrate and complies with the European Payment Council (EPC), Nordic Payment Council (NPC) and Single Euro Payments Area (SEPA) regulations.
Confirmation of Payee gives businesses and customers greater confidence that their payments are received by recipients they were intending to pay.
Both business and personal clients can benefit from this added layer of protection against fraud. The service is real time and quick way of checking if the payee’s name, sort code and account number actually match the account holder’s details at payee bank.
The service works for payments being made to and from GBP accounts held at any UK bank.
TechnoXander’s APICall is Open Banking Dedicated Interface API solution compliant with latest technical standards in UK to help banks meet their PSD2 obligations. APICall is built using latest technology stack and security practices to deliver high performance.
APICall delivers mandatory and optional APIs for AISP/PISP/CBPII use. APICall architecture enables quick and easy integration with little impact on existing systems in bank.
APICall pricing is flexible and poses no entry barriers. Banks pay for what they use and not for the entire suite of APIs.
APICall is evolving constantly to keep up with changing open banking standards and security standards. And so, Banks can leave Open banking compliance with APICall and focus on the core business.
TechnoXander’s TPPBridge is the contingency Mechanism (also known as modified customer interface or Fallback Mechanism) which can be used by banks and institutions which do not have a working Open Banking Dedicated Interface or have failed to obtain Contingency Mechanism exemption from FCA.
TechnoXander TPPBridge allows for access to banks online banking after TPP Identification. TPPBridge is compliant with UK finance interpretation of Contingency Mechanism. Bank users can set up rules for access to TPP’s based on roles via an intuitive and easy to use front end reducing the need for our involvement after initial deployments is complete.
TPPBridge has a very small footprint and has no impact on any existing systems in bank.
TechnoXander’s APIChek is your in-house TPP application. It is fully automated interactive API testing suite which anyone in your team can use to test Open Banking APIs. The tool comes with an easy to navigate browser based application and so, your team will not need to learn other API testing technologies such as Postman, Python etc.
TechnoXander APIChek can be used to test Open banking API’s during development and testing phase. The testing suite can be used to run start of day checks as well.
Our products are compliant with regulatory requirements and are built on modern technology stack. We do not do white-labelling and so, have full control on the roadmap of our products making it easier to implement regulatory changes in products as the ecosystem evolves.
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At TechnoXander, we drive payments innovation with agility and adaptability. Headquartered in London, we empower banks and financial institutions to leverage PSD2, PSD3, Open Banking, and advanced fraud prevention solutions like CoP and VoP. Committed to staying ahead of trends, we invest in cutting-edge financial technology while maintaining robust security, as reflected in our ISO 27001:2022 certification.
