DirectID, a FinTech Alliance company that offers credit risk solutions, has developed a sandbox for testing.
In Brief:
The sandbox will give organisations the opportunity to test bank connections.
It's for customers that use the DirectID platform to check functionality of open banking without having to use real bank accounts or live data.
Mockbank, a FinTech, is providing the testing functionalities.
What does this mean?
A sandbox offers the ability to test products with next-to live data and bank accounts so their functionality can be checked in a “real world” environment before anything goes live. Customers can use the DirectID sandbox to test specific use cases for the credit risk solutions.
James Varga, CEO of DirectID, commented: “DirectID are delighted to offer this service through our platform and we’re excited to see the innovation breakthrough to our global network of customers.”