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August 15, 2022
Finance Technologies

Fibank first in Bulgaria to launch PSD2-compliant open banking platform

Bulgaria’s third largest bank, First Investment Bank (Fibank), claims to be the first in the country to open an open banking platform compliant with the second Payment Services Derivative (PSD2). The move will enable Fibank customers to move their other accounts to the My Fibank app, which means they can check all their account balances, transfer money and receive bank statements all in one place. The new open banking app is only available on Android OS for now However at present there is only one other Bulgarian bank which is technically prepared and complies with all regulatory standards to allow…
Fibank first in Bulgaria to launch PSD2-compliant open banking platform

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