Remove the technical barriers

Lay the foundations for Open Banking & enter the world of Open Finance. Leverage a VOP matching service. Smoothen your CESOP compliance.

finance compliance payments cesop

Lay the foundations for Open Banking & enter the world of Open Finance. Leverage a VOP matching service. Smoothen your CESOP compliance.

finance compliance payments cesop
finance compliance payments cesop
compliance payments
Payee Verification Platform

Immediate IBAN-name check to enable verified and safe transactions. Complying with the EC’s regulation on Instant Payments.

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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).

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CESOP

Transmission and exchange of cross-border payment data to fight VAT fraud.

CEDR

CEDR provides Luxembourg’s banks with the most efficient path to Central Electronic Data Retrieval System compliance. Remove the complexity.

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PSD2 API Check

PSD2 API Check enables the testing of PSD2 APIs, from a licensed TPP perspective, following predefined end-to-end scenarios.​

PSD2, the cornerstone of Open Banking

Complete technical PSD2 compliance

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.

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The CESOP Directive

Smooth cross-border transactions reporting

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.

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The Verification of Payee obligation

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.

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Automated & continuous access

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.

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Compliance package

Get the brochure

Are you in the process of obtaining the necessary licence or about to operate as credit institution, PI or EMI to operate in the EU? Looking for a reliable partner to support you in this journey?

LUXHUB -a recognized Regtech, compliance and payments expert– can help you with it!

Download the Compliance Package brochure

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!