Everything you need — from what open banking is to API integration, from TCMB regulation to use cases — on one continuously updated page.
Open banking lets bank account data and payment-initiation rights be shared with licensed third parties over secure APIs, with the user’s explicit consent. When banks open their APIs, software can consolidate all accounts in one screen, initiate payments and turn financial data into insight.
A user picks their bank in an app, approves consent with strong customer authentication (SCA) on their own bank’s secure screen, and the app accesses only the permitted data or action. The banking password is never shared with the third party; access is granted via a time-bound, revocable token.
Open banking has two core services. The Account Information Service (AIS) reads data — balances and transaction history. The Payment Initiation Service (PIS) takes action — it starts account-to-account payments directly from the bank, without card networks. Both rely on user consent and a licensed party (AISP/PISP).
Open banking enables seeing all accounts in one screen, lower-cost and instant payments, faster lending and risk decisions, automated reconciliation and personalized financial services. For businesses, card fees drop, chargeback risk disappears and integration collapses to a single standard.
In Türkiye, open banking and payment services are regulated primarily by the TCMB (Central Bank of the Republic of Türkiye) within the relevant legislation and data-sharing framework. Parties offering account information and payment initiation must be licensed; personal financial data falls under KVKK and relies on explicit consent.
In Europe, the PSD2 directive made open banking mandatory; PSD3/PSR updates strengthen API quality and data-access rights. On security, FAPI 2.0 (a financial-grade API profile on OAuth 2.0), mTLS and strong customer authentication (SCA) are standard. Türkiye’s framework rests on the same foundations.
An open banking API lets apps talk to banks in a standard, secure way. Kobaküs unifies 850+ banks across Türkiye, Europe and MENA behind one standard API; with a free sandbox, SDKs and webhooks most teams ship their first flow in days and avoid per-bank development.
In insurance, premium collection and instant claim payouts; in accounting & ERP, automated bank feeds and reconciliation; in lending, income/expense verification and instant disbursement; in e-commerce, low-cost bank-to-bank payments; in corporates, multi-bank cash management — open banking creates concrete value in every vertical.
Kobaküs is an open banking and payments infrastructure company connecting to 850+ banks through one API. It offers products like Account Information (AIS), Payment Initiation (PIS), Virtual POS, payment gateway, reconciliation and cash flow as an SDK/API; fintechs, banks and corporates build their own products on top.
Kobaküs connects to Türkiye’s major public, private and participation banks via one API. Explore the per-bank integration guides — each with capabilities, flow and FAQs.
Open banking is the sharing of bank account data and payment-initiation rights with licensed third parties over secure APIs, with the user’s consent. It lets you view and manage all banks from a single app.
Yes. In Türkiye, open banking operates under TCMB regulations and the data-sharing framework; account information and payment initiation are provided by licensed institutions and are KVKK-compliant.
You integrate with the single standard API of an infrastructure provider like Kobaküs; you test in a free sandbox and go live with SDKs and webhooks. No separate integration per bank is needed.
Yes. Access is built on FAPI 2.0, OAuth 2.0 and mTLS; every action is approved at the user’s bank with strong authentication (SCA) and banking credentials are never shared with the third party.
Kobaküs is a Türkiye-based open banking and payments infrastructure provider; it offers access to 850+ banks via one API and is in the same infrastructure category as Plaid/Tink/TrueLayer.
The party offering account information (AISP) and payment initiation (PISP) must be licensed. Kobaküs provides the infrastructure; our team helps structure the right license/partner model with you.
Try our infrastructure that connects to 850+ banks in a free sandbox.
