OPEN BANKING: Banque de Luxembourg goes live with LUXHUB’s API Platform

Innovation and enthusiasm for business with a shared mindset.

In the spirit of open banking and in line with the European Payment Services Directive (PSD2), Banque de Luxembourg is embracing a new digital strategy and exploiting new opportunities with LUXHUB’s infrastructure and ecosystem.

From 14 June 2019, Banque de Luxembourg PSD2 APIs Platform is available to Third Party Providers such as Account Information Service Providers (AISPs) or Payment Initiation Service Providers (PISPs). They’ll find all the technical information and supporting documents they need on the LUXHUB Marketplace.

Thanks to high-end workflow processes and state–of-the-art development tools, LUXHUB’s secure and standardized platform offers all the required instruments to help customers develop innovative services and improve interaction between financial players.

“We are extremely proud to have Banque de Luxembourg on our Platform and to be in a position to provide the tools they need in order to comply with PSD2 and smoothly adapt to the new open banking strategy,” says Jacques PÜTZ, CEO of LUXHUB.

Founded in 1920, Banque de Luxembourg is one of Luxembourg’s leading banks. “Banque de Luxembourg is committed to providing best of breed solutions and services to its clients. We are therefore very pleased to be cooperating with LUXHUB and we are looking forward to developing more innovative projects together, since the transposition of the Payment Service Directive is only a foreshadow of a more open and collaborative banking landscape,” says Romain Weiler, Member of the Executive Committee and COO of Banque de Luxembourg.

 

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BANQUE DE LUXEMBOURG
Banque de Luxembourg has been active in private banking since 1920 and is one of the Grand Duchy’s leading asset managers. It serves enterprising individuals and families by accompanying them at the most important stages of their lives and offering them long-term wealth management solutions so that they can carry out their plans with complete confidence. With EUR 1 billion of equity capital on 31 December 2018, Banque de Luxembourg employs 970 people and returned profits of EUR 62 million.

www.banquedeluxembourg.com

…LUXHUB

LUXHUB, a joint initiative of BCEE, BGL BNP Paribas, Banque RAIFFEISEN and POST Luxembourg, is one of the leading European open banking platforms, aiming to secure the relationship between banks and Third-Party Providers (TPPs), through a service offering that covers an end-to-end experience, helping the entire digital ecosystem to take advantage of the challenges and opportunities of Open Banking. 34 European financial institutions from 10 different countries already joined forces on LUXHUB platform to publish their APIs on the LUXHUB’s Marketplace.

www.luxhub.com