Regionalized Solutions
Updated On 13 May 2023 |
Min(s) read
Abbreviations
Below you will find the list of abbreviations and terms used in describing the OBIE Payment Initiation Service (PIS) and Confirmation of Funds (CoF) APIs module.
| Abbreviation | Expansion |
|---|---|
| Access Dashboard | Consent management dashboard provided by the online banking of the account keeping institution (ASPSP). |
|
AISP |
Account Information Service Provider |
|
PSD2 |
Revised Payment Service Directive |
|
OBIE |
Open Banking Implementation Entity |
|
TPP |
Third Party Provider |
|
PISP |
Payment Initiation Service Provider |
|
ASPSP |
Account Servicing Payment Service Provider |
| CBPII | Card Based Payment Instrument Issuer |
| CBS | Core Banking System – Temenos Transact |
| CoF | Confirmation of Funds |
| Consent | Permission obtained from the PSU for sharing information or acting behalf of the PSU |
| Consent Dashboard | Consent management dashboard provided by the AISP. |
| Consent Resource | Data structure that keeps consent information. In Transact a Consent Resource is kept as an AA consent arrangement. |
| IDP | Identity provider |
| JWT | JSON Web Token |
| OLB | Online Banking System – Temenos Infinity |
|
PSU |
Payment Services User |
|
TPP |
Third party provider that can be an Account Information Service Provider (AISP), a Payment Initiation Service Provider (PISP) or a Card Bases Payment Instrument Issue (CBPII) |
| User Agent | ASPSP online screens for user consent creation |
|
PO |
Payment Order |
|
STO |
Standing Order |
|
API |
Application Programming Interface |
| CDS | Consumer Data Standards |
| CDR | Consumer Data Right |
| API | Application Programming Interface |
| ACCC | Australian Competition and Consumer Commission |
| CUSCAL | Data Holder platform service provider |
| Data Holder (or DH) | The organisation that holds the information and supplies it at the request of the ADR or consumer. (e.g. Challenger Bank) |
| Data Recipient (or ADR) | An accredited organisation requesting data from the user |
| JA | Joint Account |
| JAH | Joint Account Holder |
| ATO | Authority to Operate. A type of Party-to-Account user role where the individual has self-service financial control of an account. |
| POA | Power of Attorney. A type of Party-to-Account user role where the individual has been granted self-service financial control of an account. The owners of the Account also may have access and control. However, when sharing data, this is done on behalf of the owners and not on behalf of the POA. |
| EPOA | Enduring financial Power of Attorney. As POA. However, the owners of the account are not able to self-operate the account. Furthermore, this POA is treated as an owner of the account and requires no prior nomination but shares on behalf of the owners not on behalf of themselves. |
| NVA | Non-Value Access. A type of Party-to-Account user role where the individual does not have financial control of the account. In channels, they can view balances but otherwise cannot transact. |
| Access Dashboard | Consent management dashboard provided by the online banking of the account keeping institution (ASPSP).; |
| AISP | Account Information Service Provider |
| ASPSP | Account Servicing Payment Service Provider |
| CBS | Core Banking System – Temenos Transact |
| Consent | Permission obtained from the PSU for sharing information or acting behalf of the PSU |
| Consent Dashboard | Consent management dashboard provided by the AISP. |
| Consent Resource | Data structure that keeps consent information. In Temenos Transact a Consent Resource is kept as an AA consent arrangement. |
| IDP | Identity provider |
| JWT | JSON Web Token |
| OBS | Online Banking System – Temenos Infinity |
| PSU | Payment Service User (on simply “the User”) |
| TPP | Third Party Provider, in this document the TPP is always the CBPII |
| User Agent | ASPSP online screens for user consent creation |
In this topic