Following the decision of our investor to phase out Yolt we will be winding down our services. We have informed our clients of this decision and will continue to fulfil our contractual obligations to meet clients’ expectations during this period. If you have any questions please contact

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Competent Authority

What is a Competent Authority?

Under Open Banking and PSD2, a Competent Authority is a government body or regulatory/supervisory authority that is responsible for regulating and supervising the participants in open banking, especially Third-Party Providers. Third-Party Providers must obtain a license from their country’s national competent authority (NCA) before being allowed to access banks’ customer data.

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