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Under this directive, customers can authorize third-party providers to access their data, and the bank cannot refuse to assign the data apart from specific exceptions (this concept is commonly referred to as open-banking).
The directive recognizes two fintech services based on access for third-party providers to bank account data: information services and payment initiation services.
The coming payment service directive 2 (PSD2) is requiring that banks must offer payment APIs to third-party providers of financial services and allow users to mandate licensed third parties to 1) initiate payments and 2) extract account information.
In particular, third-party cookies are critical for the automated trading that has come to dominate digital media since the Cookie Directive was introduced.
Ford Motor Company, Third-Party Defendant.
Third-Party Comparison Sites.
Third-party management.
Third-party rights are under scrutiny.
Third-Party Processing Contracts.
A third-party authentication protocol is designed and employed to exchange security assertions among involved parties.
Outwitting Third-Party Testers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com