SBS Launches Next-Gen Open Banking Platform Supporting Wero and PSD3

On November 20, 2025, SBS launched its next-generation SBP Open Banking Platform, designed as a cloud-native SaaS orchestration layer for banks across Europe. The platform enables quick integration of Wero, the European Payments Initiative digital wallet, in markets including Belgium, France, the Netherlands, and Germany. It incorporates embedded finance features such as credit insights including BNPL and leasing, powered by Algoan, and compliance with the Digital Consumer Credit Directive (DCC2).

Beyond PSD2, the platform supports FDX (US), PSD3 PSR1 (Berlin Group v2), FIDA readiness, and Digital Euro standards. SBS serves over 1,500 financial institutions, offering them faster time-to-market and simplified regulatory compliance. The launch positions SBS as a comprehensive embedded banking and payments infrastructure provider for European financial institutions navigating an evolving regulatory landscape.