Fallback Solution – Modified Customer Interface
Macro Global team helped the client to overcome their challenges in deploying the Modified Customer Interface (MCI) solution and meet the Open Banking RTS requirements.
According to Open Banking regulations, financial institutions (ASPSP) supporting payment account services must develop at least one interface for identification and secure communication with third-party providers (TPPs). ASPSPs can opt to offer a dedicated channel based on Application Programming Interface standards (APIs) or a Modified Customer Interface (MCI).
In this case study, we will discuss how Macro Global supported the financial institution to build a Modified Customer Interface solution enabling third-party providers to access the customer online payment accounts via Internet Banking channel in accordance with the requirements of Open Banking Regulations.