Case Study: Luxhub achieves rapid open-banking innovation and PSD2 compliance with Axway AMPLIFY API Management

How can banks compete with the tech giants (Google, Amazon, Microsoft, Facebook, and Apple) as they extend their tentacles into financial services

LUXHUB is a shared open-banking platform that helps banks respond to competition from big tech and meet PSD2 regulatory demands. Faced with the need to expose compliant APIs, manage third‑party developer experiences, and collaborate across institutions, banks needed a scalable way to innovate without redoing core compliance work.

Using AMPLIFY API Management, LUXHUB provides a marketplace and developer portal, compliance‑as‑a‑service, and a modular API management platform that adheres to PSD2, STET and Berlin‑Group standards. The result: banks can rapidly publish reusable, standards‑compliant APIs, attract fintech partners, explore new revenue models, and accelerate cross‑bank innovation while reducing the regulatory burden.

Luxhub