Business service providers can now offer new and existing companies a KBC Business account online.
PSD2 has opened the door to Account Information Services (AIS), which allow account information to be shared via regulated account information service providers (AISPs) at the specific request of the account holders.
Under PSD2, third-party providers must be able to request a Confirmation of Funds from KBC for a specific account with the account holder’s explicit consent. The most common reason for this is to check whether the necessary funds are in an account before a payment initiation.
Under PSD2, Payment Initiation Services (PIS) allow regulated payment initiation service providers (PISPs) to initiate a transfer of funds from a customer’s account to third parties online with the account holder’s specific consent and confirmation.