Remove the technical barriers
Lay the foundations for Open Banking & enter the world of Open Finance. Smoothen your CESOP compliance. Anticipate the upcoming Instant Payment & Payment Services Regulations.
Lay the foundations for Open Banking & enter the world of Open Finance. Smoothen your CESOP compliance. Anticipate the upcoming Instant Payment & Payment Services Regulations.
CESOP
Transmission and exchange of cross-border payment data to fight VAT fraud.
PSD2 XS2A
LUXHUB XS2A consists in a complete technical solution helping ASPSP in the compliance with the Regulatory Technical Standards of the second payment directive (PSD2).
PSD2 API Check
PSD2 API Check enables the testing of PSD2 APIs, from a licensed TPP perspective, following predefined end-to-end scenarios.
Payee Verification Platform
Immediate IBAN-name check to enable verified and safe transactions. Complying with the EC’s regulation on Instant Payments.
CEDR
CEDR provides Luxembourg’s banks with the most efficient path to Central Electronic Data Retrieval System compliance. Remove the complexity.
Entering the world of Open Banking
The XS2A API consists in a complete technical solution helping ASPSP in the compliance with the Regulatory Technical Standards of the second payment directive.
LUXHUB has developed a complete service offering, ranging from the management of the mandatory TPP Helpdesk and onboarding, to the possibility to exploit monetizable APIs in the near future.
CESOP, a new European regulation
LUXHUB CESOP enables the efficient generation of the CESOP reporting file. The reporting solution support PSPs. Here are its main features:
- Check and pre-process input data to ensure that the correct data is being used,
- Filter and convert your cross-border transactions data file,
- Use a web interface to edit/correct the CESOP reporting file before submission to the NTA,
- When possible, automate the transfer of the CESOP reporting file to the NTA.
A Payee Verification Platform to enable secure transactions
Payee Verification Platform enables to comply with the Instant Payments Regulation and enables verified and safe transactions for ALL credit transfers.
- VoP SERVICE PROVISION: Support PSPs to expose and manage, in a secure and compliant manner, a real-time name & account details verification service.
- VoP UNIFIED ACCESS: Offer payer’s PSPs a single interface to access verification service made available by the payee’s PSPs.
Secure & efficient CEDR compliance
CEDR provides Luxembourg’s banks with the most efficient path to Central Electronic Data Retrieval System compliance. Remove the complexity.
Built upon the successful development and implementation of our PSD2/XS2A compliance product, CEDR finally puts Luxembourg banks one step ahead in their compliance journey and removes the compliance/reporting for complexity.
Open Banking/Finance
Initial step to PSD2 compliance
CESOP
Efficient tax reporting solution
Payments
IBAN-name check for (Instant) Payment Services
Get in touch now!
Interested in learning more about our compliance solutions?
Don’t be overwhelmed by upcoming regulations and get in touch now to embark on this new compliance journey!