Presented at INFOCUS 2024
Session ID: P-049566

The advent of Open Banking, facilitated by the PSD2 directive, has revolutionized the financial services industry by enabling secure and standardized access to banking data. This presentation will explore how integrating Open Banking with JD Edwards through API-driven bank connections can enhance financial operations, improve real-time data access, and streamline transactional processes within enterprises.

JD Edwards can significantly benefit from the seamless integration of Open Banking APIs. This integration facilitates direct, secure access to banking services, ensuring that financial data is always up-to-date and transactions are processed instantly, securely and efficiently. By leveraging the PSD2 directive, organizations can harness the power of Open Banking to enhance transparency, improve cash flow management, and automate financial reconciliation processes.

Understand PSD2 and Open Banking, its impact on the financial sector, and the fundamentals of Open Banking.
How to integrate Open Banking APIs with JD Edwards to enable secure and real-time data exchange between the ERP system and banking institutions.
How you can enhance your financial operations and how leveraging Open Banking can automate and streamline financial processes, including payment processing, cash flow management, and reconciliation.

This session is eligible for NASBA credit.