The National Bank of Moldova has announced the entry into force of a national standard for developing Open Banking, establishing a unified and secure technical framework that allows bank accounts to be connected to external financial applications with user consent and supports interaction between payment service providers and FinTech solution providers. Aligned with the European Union’s Second Payment Services Directive (PSD2), the standard requires Moldova’s 15 licensed payment service providers, including banks and non-banks, to provide authorised third parties with dedicated technical interfaces (APIs) under regulated and secure conditions. With explicit user consent, Open Banking functionality can support services such as viewing accounts held at different institutions within a single application and initiating payments directly from third-party applications.