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What is Home Banking Computer Interface mean?
FinTS (Financial Transaction Services), formerly known as HBCI (Home Banking Computer Interface), is a bank-independent protocol for online banking, developed and used by German banks.
HBCI was originally designed by the two German banking groups Sparkasse and Volksbanken und Raiffeisenbanken and German higher-level associations as the Association of German Banks (in German: Bundesverband deutscher Banken e.V.). The result of this effort was an open protocol specification, which is publicly available. The standardisation effort was necessary to replace the huge number of deprecated homemade software clients and servers (some of them still using BTX emulation).While IFX (Interactive Financial Exchange), OFX (Open Financial Exchange) and SET (Secure Electronic Transaction) are tailored for the North American market, HBCI is designed to meet the requirements of the European market.
The FinTS-specification is publicly available on a website run by the ZKA (Central Credit Committee).
referencePosted on 27 Sep 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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