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News about the TOSS Project

One of the main results of the TOSS project is a software solution for SMEs and corporate treasuries. It consists of an application for processing financial transactions which unifies and automates operations across the financial supply chain.

This application creates business specific infrastructures and reduces the cost and duration of processing and settlement of own financial operations.

As per PSD2, still to be transposed in local legislation, banks are forced to expose as of September 2019 information about the accounts of their customers and to allow payment initiation through APIs.

In this context, Allevo requested the extension of the TOSS project with additional functionalities, to align the initially designed solution to developments in the financial regulation space.  Due to the implementation of PSD2, API REST (JSON format) interfaces opened by banks need to be implemented in FinTPc to offer beneficiaries all benefits created by this new model of interaction between banks and their customers.

By adding these new functionalities, FinTPc is more complete and more relevant. It also makes FinTPc aligned to market regulation.

 

Stay tuned for more!

Pentru informații detaliate despre celelalte programe cofinanțate de Uniunea Europeană, vă invităm să vizitați www.fonduri-ue.ro. Conținutul acestui material nu reprezintă în mod obligatoriu poziția oficială a Uniunii Europene sau a Guvernului României. Proiect finanțat în cadrul POC, Axa prioritară 2, Acțiunea 2.1, Prioritate de investiții 2b. Cod MySMIS: 115724, Nr. Contract Finanțare: 101/16.08.2017.

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