Bison Bank counts on ndgit PSD2 Ready software to support Open Banking strategy

Bison Bank in Lisbon has chosen PSD2 Ready software from ndgit, the first provider of dedicated API platforms for banks and insurance companies, to empower its Open Banking platform. ndgit will also provide local technical expertise to accelerate integration of its industry proven, standardised PSD2 solution, helping Bison Bank to fulfil the central functions required by the Regulatory Technical Standards while evolving next generation services.

Bison Bank represents ndgit’s second customer win in Portugal. Focussing on wealth management and investment banking, the innovative Portuguese bank is a rapidly expanding international player. Enabling the fulfilment of the new regulatory PSD2 functions for third-party service providers, ndgit’s secure APIs will allow Bison Bank to extend its digital offerings, including online and mobile, to its clients around the world. At the same time, ndgit will support Bison Bank with local implementation, helping to configure, integrate and commission the software on-premise at the bank’s data centre within a two-month timeframe.

Oliver Dlugosch, CEO of ndgit, says: “The cooperation with Bison Bank strengthens our market presence in Portugal, confirms our position as Europe’s leading PSD2 software and underlines our fast, international growth.”

Bison Bank chose ndgit for numerous reasons. “With ndgit, we not only get PSD2 software but also an API platform with which we can flexibly implement bank-internal micro services and Open Banking strategies”, explains Nuno Oliveira, Bison Bank’s IT Architecture and Development Manager. “In addition, its PSD2 Ready software is highly secure and offers over a hundred different configurations that fall within the regulatory requirements of PSD2 and the options of the Berlin Group Standard. Last but not least, ndgit can draw on its experience of twenty-five PSD2 implementations to help us achieve a quick and efficient integration and ensure we are up and running with PSD2 APIs for third party providers in just 40 days.”