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Berlin Group

What is the Berlin Group?

The Berlin Group is a pan-European initiative that aims to create technical standards for and harmonise the payments system. This helps smooth the interactions between the different parties involved in payment processing.

The Berlin Group started before Open Banking and PSD2 came into force, but has since become a major player in open banking API standards as well. YTS is a member of the Berlin Group’s NextGenPSD2 Taskforce.

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