One of the primary ambitions of these guidelines is to provide simplification and consistency throughout each stage of the Open Banking implementation. As such, we have defined a core set of PSU journeys for CBPIIs.
Other pages in this section Get Started Authentication Methods Account Information Services Payment Initiation Services Card Based Payment Instrument Issuers (CBPIIs) Checklist Appendices Change Log
Consent for Confirmation of Funds (CoF) User Journey Regulation 68(3)(a) of the PSRs, requires that the CBPIIs must have the explicit consent of the PSU prior to making Confirmation of Funds requests to the PSUs ASPSPs. Regulation 68(5)(b) of the PSRs requires that the ASPSPs must have the explicit consent of the PSU prior to responding to the first CBPII Confirmation of Funds… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021 CBPII Access Dashboard & Revocation User Journey Regulation 68(6) PSRs states that if the PSU so requests, the ASPSP must inform the PSU of the CBPII which has made previous CoF and the answer given to that CBPII. As part of enabling this, ASPSPs mustprovide PSUs with a facility to view and revoke CoF access that they have… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021 Confirmation of Funds – Y/N Response User Journey Payments networks primarily operate under two different business models that can apply to CBPIIs. 1.Open-loop payments networks, such as Visa and MasterCard that are multi-party and operate through a scheme that connects two financial institutions. 2.Closed-loop networks which issue cards directly to consumers and serve merchants directly. As per PSD2 regulations, any authorised… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021 CBPII Revocation of Consent User Journey CBPIIs must provide PSUs with a facility to view and revoke consents that they have given to that CBPII. PSUs may have consented to CoF access to several accounts from one or more ASPSPs. This section describes how these consents should be displayed and how the customer journey to revoke them should be constructed…. View journey This version was published 3 Years & 8 Months ago 31 Mar 2021 Re-Authentication of CoF Access at the ASPSP User Journey We note that generally ASPSPs may not require re-authentication of PSUs once PSUs have given their explicit consent to ASPSPs to provide Confirmation of Funds responses to requests from a specific CBPII, prior to the first request (as shown in journey Consent for Confirmation of Funds (CoF). However, there may be instances… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021
Consent for Confirmation of Funds (CoF) User Journey Regulation 68(3)(a) of the PSRs, requires that the CBPIIs must have the explicit consent of the PSU prior to making Confirmation of Funds requests to the PSUs ASPSPs. Regulation 68(5)(b) of the PSRs requires that the ASPSPs must have the explicit consent of the PSU prior to responding to the first CBPII Confirmation of Funds… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021
CBPII Access Dashboard & Revocation User Journey Regulation 68(6) PSRs states that if the PSU so requests, the ASPSP must inform the PSU of the CBPII which has made previous CoF and the answer given to that CBPII. As part of enabling this, ASPSPs mustprovide PSUs with a facility to view and revoke CoF access that they have… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021
Confirmation of Funds – Y/N Response User Journey Payments networks primarily operate under two different business models that can apply to CBPIIs. 1.Open-loop payments networks, such as Visa and MasterCard that are multi-party and operate through a scheme that connects two financial institutions. 2.Closed-loop networks which issue cards directly to consumers and serve merchants directly. As per PSD2 regulations, any authorised… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021
CBPII Revocation of Consent User Journey CBPIIs must provide PSUs with a facility to view and revoke consents that they have given to that CBPII. PSUs may have consented to CoF access to several accounts from one or more ASPSPs. This section describes how these consents should be displayed and how the customer journey to revoke them should be constructed…. View journey This version was published 3 Years & 8 Months ago 31 Mar 2021
Re-Authentication of CoF Access at the ASPSP User Journey We note that generally ASPSPs may not require re-authentication of PSUs once PSUs have given their explicit consent to ASPSPs to provide Confirmation of Funds responses to requests from a specific CBPII, prior to the first request (as shown in journey Consent for Confirmation of Funds (CoF). However, there may be instances… View journey This version was published 3 Years & 8 Months ago 31 Mar 2021