Architecht - Innovation in Business-to-Business Products

Company: Architecht, Kocaeli, Turkey
Company Description: Architecht, 100% subsidiary of Kuveyt Turk, is a leading technology provider for financial institutions since 2015. Inherited in-depth knowledge of banking solutions from Kuveyt Turk, Architecht has been the leading core banking solution provider for participation banks in Turkey. The core banking solution being modified to the German banking system also works in compliance with BaFin.
Nomination Category: New Product Categories
Nomination Sub Category: Award for Innovation in Business-to-Business Products

Nomination Title: ApiGo an End-To-End SAAS Solution

Provide an essay of up to 625 words describing the nominated innovation's concept, value, delivery, and impact since July 1 2018:

ApiGo AN END-TO-END SAAS SOLUTION

ApiGo enables you to manage all critical aspects of PSD2 with a central token providing you an exclusive customer experience with a single fully secure API on a cloud-hosted platform.

• Third Party Program (TPP) Management
• Consent Management
• DDoS (Distributed Denial-of-Service) Protection
• Centralized Token
• Monitoring and Reporting Endpoint Usages

Get PSD2 complied quickly saving money and time! We offer a SaaS solution that solves the difficult PSD2 compliance task for banks enabling new business models and opportunities via open banking.

WHAT DOES ApiGo OFFER?

Fully meets the PSD2 requirements and common and secure open standards of communication.

LOWER COSTS

Our SaaS platform requires no extra infrastructure investment since it is hosted on a secure cloud. Don’t worry about the changes in the regulation or updates in the standards. Our team will be working on the compliance part as you focus on expanding your business. No need to allocate engineering resources, we will be up-to-date and deploying. No need to hire expensive technical consultants. Just plug our API and start open banking!

HIGH PERFORMANCE

Outperforming expectation in performance. High scalability enabling to allocate demanded resources in minutes.

EASY IMPLEMENTATION

Fully PSD2-compliant implementation with ready templates that easily integrate into your bank. No need for advanced technical experience. No need to read tons of technical documents.

WHAT IS OPEN BANKING?

Open banking is the practice of sharing financial information electronically, securely under the condition that the customer gives consent to. Open banking efforts are a big deal for banks, regulators, and startups. However, consumers demand new digital products and services every day. You should eventually have more options for managing your money, borrowing and making payments in this digital era of finance.

WHICH PSD2 IS STANDARD SUITABLE FOR YOUR BUSINESS?

PSD2 is not a standard. It is a directive. However, some of the working groups developed two technical standards. UK Open Banking and Berlin Group Standards are the most popular ones. These standards describe your API definitions, models, security, consent and so many technical details that your bank must have.

WHAT DOES ApiGo DO FOR YOU?

Open banking business demands you to understand so many technical consepts, security issues, reports that you must solve, expecting you to allocate time and resources.

ApiGo offers you and end-to-end solution to solve your open banking requirements depending on whichever standard you need to comply with, either it is UK Open Banking Group or Berlin Group standards, we have ready templates for your transition.