Bringing TrueLayer’s open banking platform to France
Securely access financial data from France’s largest banks.
Under the hoodAs always, our API-centric platform remains unified. We’ve normalised France’s approach to PSD2, so our current clients can enable French banks in their console immediately. Our products are 100% API based, which means they are faster, safer, and more reliable than alternative solutions like screen scraping.
- Faster — Data and payments are received in real-time.
- Safer for you — Users authenticate directly with their bank, reducing the risk of fraud.
- Safer for your customers — No user credentials are ever stored, we provide superior security by encrypting data and not storing encryption keys. Customers can revoke access to their bank account at any time.
- Reliable — Data is sent via direct bank channels in a machine-readable format.
No PSD2 licence? No Problem!Become an agent of TrueLayer and start operating under our license. This is an excellent solution for those who want to get to market faster while they apply for their own licence or those who wish to become a long-term agent.Our platform is enabled through France’s STET initiative, which stands for “Systèmes Technologiques D’échange et de Traitement”, or in English; “Technological Systems for Exchange and Processing”. It’s also the name of the organisation responsible for bringing “next-generation solutions with open-access and transparent user policies” to the French banks and banking communities.
What you can build with TrueLayerWith seamless and secure access to financial data and payments, there is no limit to what you can build. Our platform unlocks a range of powerful use cases, below are some popular examples.Account VerificationCreditLadder uses Account Verification to verify account ownership and confirm monthly rent payments are being made by their customers, enabling them to improve credit history and credit scores.
“We believe in working with best in class partners to help build a strong and sustainable business. The support from TrueLayer in a space that has seen continual change over the last 2–3 years has been invaluable.”CEO & Co-founder
“Delivering a seamless experience to our retail and business customers is hugely important for us. We want customers to get instant value from the wide variety of new features we are building. When our customers say it’s easy to connect their external accounts using the TrueLayer integration, that’s a huge tick for us.”OB Product Owner
“It couldn’t have been easier to get started with TrueLayer, the customer service is amazing. Any questions were answered practically immediately, and technical integration very straightforward. Our developers were able to integrate quickly and seamlessly.”Head of open banking