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Changes to Nonregulated European Financial Institution Connections

edited Mar 20, 2025 6:46PM in Announcements

This notice applies to customers who use the Bank Feeds SuiteApp and you may have a connection to a non-PSD2 regulated financial institution in Europe.

The revised Payment Services Directive (PSD2) is a European law that governs payment systems in Europe. The Bank Feeds SuiteApp, through our authorized Account Information Service Provider (AISP), supports connections to both PSD2-regulated and nonregulated financial institutions in Europe.

What is Changing?

Bank Feeds SuiteApp version 25.1, targeted for release on April 8, 2025, will rename and update the following format profile records:

Old Format Profile Name

New Format Profile Name

Connect to Europe Accounts

Regulated Europe Accounts (Preferred)

Regards,

@Robert Nedelkow-Oracle | NetSuite Support Community Administrator

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