FIME rolls out latest version of its open banking API test solution

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France-based transaction testing provider, FIME announced the roll-out of a new version of its automated open banking API test solution, TrustAPI+ with the help of Berlin Group, a provider of open-access API standards. The company states that with the launch, banks and third-party providers will be able to assess compliance against two Access to Account (A2A) interfaces, the NextGenPSD2 and STET APIs.

“Open banking API standards are streamlining the path PSD2 to compliance but developing and validating APIs can be costly and time-consuming,” commented Raphaël Guilley, VP Solutions at FIME. “TrustAPI+ now incorporates test plans for both The Berlin Group and STET. No more scripting test plans. No need to build test environments. Users simply run automated tests in our secure online tool and get the results in minutes. This innovation enables banks and TPPs to deliver new open-access services quickly and cost-effectively – without compromising on quality.”

FIME stated that the FIME Test Factory powers the test suites for The Berlin Group and STET open-access APIs in a bid to enable automation, digitalization and customization of the open API testing process. It is currently facilitating the testing of STET’s open-access API standard and participating in The Berlin Group’s NextGenPSD2 task force.

“Flexible testing solutions are essential to ensure we meet all implementation, regulatory and market needs,” said Wijnand Machielse, European market director at NISP. “FIME is a long-time supporter of payments standardization efforts and has already demonstrated its API testing expertise on a number of open-banking projects. Its insights will, therefore, be invaluable to our NextGenPSD2 efforts.”