The article below regarding ISX Financial’s open banking innovations first appeared in German on the Small-Micro Cap Investments website on the 4th September 2025. It is translated and republished here with permission. You can read the original article here.
Open Banking is a technology-based framework for banking systems that enables secure data exchange between financial institutions and authorised third-party providers, that has gained momentum rapidly in recent years. Two key factors that have contributed to the growth of the industry are clear regulatory frameworks and rapidly advancing digitalisation.
Open banking: A win-win for banks, e-commerce, and customers
For example, PSD2 requirements oblige banks to provide secure APIs, while payment systems such as SEPA Instant and the UK's Faster Payments network have matured into reliable, near-instant settlement platforms.
For merchants, this combination is a real game changer, as transactions are completed in seconds instead of days. This eliminates one of the biggest challenges in digital commerce: long waiting times until funds are available. Thanks to open banking applications, companies can manage their liquidity more efficiently, reduce operational risks, and improve customer satisfaction.
Open banking is particularly successful in industries where large sums of money and trust are crucial – for example, in insurance or on B2B marketplaces. Here, cost advantages through the avoidance of interchange fees are just as important as security and seamless processing. Customers also appreciate that payments are made directly from their own accounts, which is in line with the European preference for debit cards over credit cards.
However, despite all the progress made, there are still hurdles to open banking. For example, different API standards between banks and inconsistent processes for strong customer authentication lead to friction losses in some markets.
Innovator ISXX: More than just faster payments
This is exactly where the banking technology company ISX Financial EU Plc (ISXX) comes in. Its core product, PaidBy®, is much more than an open banking connection – it is a comprehensive account-to-account (A2A) payment solution that covers the entire payment process from start to final confirmation. Instead of going through multiple intermediaries, as is the case with card payments, A2A transactions transfer funds directly and in real time between the customer's and merchant's accounts. This lowers costs and significantly reduces the risk of chargebacks and incorrect bookings. Another key advantage of PaidBy® is the immediate confirmation that funds have actually been received – not just that a transaction has been initiated.
In addition, ISXX provides its merchants with dedicated IBANs, offers automated refunds, real-time APIs for instant notification, and powerful business intelligence tools that analyze transaction patterns. The company also places a special focus on security: using AI-powered models, the platform detects signals in real time that indicate attempted fraud, such as authorized push payment fraud. This allows proactive intervention before any damage is done.
ISXX also has its sights firmly set on the future. Among other things, it plans to introduce variable recurring payments (VRPs), which enable flexible, secure recurring payments, such as for subscriptions. The company is also working on POS integrations that will allow merchants to dispense with card acceptance in brick-and-mortar stores and instead offer instant A2A payments directly at the point of sale.
With this combination of speed, security, value-added services, and future-oriented product development, ISXX is positioning itself as one of the drivers of a payment landscape in which open banking and A2A payments are likely to become the standard for cost-effective, fast, and integrated online and offline transactions.
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