Token Basics

Before taking a deeper dive into TPPClosedThird-Party Provider – an authorised online service provider introduced as part of Open Banking. TPPs exist outside of the account holder’s relationship with their bank but may be involved in transactions carried out by the user. integration with the Token Platform (also known as the Token CloudClosedFunctionality, data and resources running on physical and virtual servers maintained and controlled by Token, and accessed via an Internet connection.), there are a number of fundamental concepts with which to become familiar regarding Token's Open Banking solution and its services architecture.

Let's start with the basics, each of which is intrinsically centered in transaction security and user privacy:

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