tilitietopalveluiden

Tilitietopalveluiden is a Finnish term that translates to "account information services" in English. These services provide financial institutions and other organizations with access to customers' account information, allowing them to offer various services and products.

Tilitietopalveluiden are governed by the European Union's Payment Services Directive (PSD2), which introduced new rules for the sharing of sensitive financial information between banks and third-party providers. The directive aims to increase competition and innovation in the payments industry by allowing companies other than banks to access customer account information.

There are two types of tilitietopalveluiden under PSD2: authorized and unauthenticated. Authorized services require the customer's explicit consent and provide access to sensitive information, such as account balances and transaction history. Unauthenticated services do not require explicit consent and provide more limited access to account information.

Some examples of tilitietopalveluiden include payment initiation services, which allow third-party providers to initiate payments on behalf of the customer, and account information services, which allow providers to access account information for the purpose of performing services such as invoice scanning or subscription management. The use of tilitietopalveluiden has grown in recent years, particularly in the wake of the COVID-19 pandemic, as more people have turned to digital payment methods.