{"id":593,"date":"2020-06-05T16:23:50","date_gmt":"2020-06-05T15:23:50","guid":{"rendered":"https:\/\/psd2meniet.nl\/?p=593"},"modified":"2021-04-20T22:01:52","modified_gmt":"2021-04-20T21:01:52","slug":"betere-informatie-over-rekeninginformatiediensten","status":"publish","type":"post","link":"https:\/\/dev.psd2meniet.nl\/en\/betere-informatie-over-rekeninginformatiediensten\/","title":{"rendered":"Better account information services"},"content":{"rendered":"

Consumers are better informed about account information services. The MOB<\/span><\/a> published (finally) 'good practices' for better information. Privacy First is pleased with the published good practices and calls on MOB members to really work towards better information.<\/p>\n\n\n\n

Account information services' are services with which 'a consolidated view<\/span><\/a> can be made out of someone's payment details. This is possible since the PSD2 (Payment Services Directive), which allows you to share your payment details with parties other than your own bank. An example of this is a digital household booklet, but other forms are also possible. <\/p>\n\n\n\n

Better information badly needed<\/h2>\n\n\n\n

If you give your permission to a provider, he gets access to\nto all transaction data that a consumer has in his own banking environment also\nsee. If you can look back up to ten years at your own bank, then the\naccount information service that too. You share a complete profile with it\ndata. <\/p>\n\n\n\n

Sharing data is not without risk. The profit for much\nThis is because account information service providers are not included in the digital\nhousekeeping booklet, but in additional services that can be provided. Think\nto analyses of fixed costs, risk analyses when applying for a\nmortgage or assessing creditworthiness. <\/p>\n\n\n\n

Because it involves a lot of confidential data\nconsumers understand what they are consenting to. The information that\ngetting consumers now is too much and too unclear. Legally required\ninformation is too long, difficult to read and hidden in long privacy\nstatements.<\/p>\n\n\n\n

MOB publishes good practices account information services<\/h2>\n\n\n\n

The call for better information has been ringing for some time. From the end\nIn 2017, Privacy First was involved in an initiative of the Volksbank to\nbetter inform consumers about account information services. The initiative\nwas taken over by the Betaalvereniging and from May 2019 by the MOB\n(Social Consultation on Payment Transactions). <\/p>\n\n\n\n

The MOB agreed last May<\/a> with Good practice transparantie rekeninginformatiedienstverlening<\/em>. Onderaan dit artikel staan de linkjes naar de pagina van de DNB en de good practices<\/em>\">good practices.<\/span><\/a> These are seven standardized questions for account information service providers to answer before a consumer gives consent. The questions contain the most important (legal) information and they answer the most important questions of consumers. In addition, the MOB has drawn up an elaboration with explanatory notes. The questions are<\/p>\n\n\n\n

  1. Who requests access to my account information? How is the service regulated? <\/li>
  2. Which service does offer what my data is needed for? <\/li>
  3. What data from my account will use?<\/li>
  4. What else does use the data for? <\/li>
  5. What data goes to third parties and what for?<\/li>
  6. How can I reverse my previously given consent? <\/li>
  7. Where can you find further information? <\/li><\/ol>\n\n\n\n

    Be careful that it does not remain noncommittal<\/h2>\n\n\n\n

    The good practices of the MOB are a very good step. Now it comes down to applying and utilising these good practices. Unfortunately, the use of the good practices is without obligation. \"The MOB cannot oblige providers of account information services to comply with the good practices. The MOB members have, however, agreed to bring the best practice to the attention of their supporters\". In view of the MOB's field of forces, which includes both providers and users, this is understandable. But we have to be careful that the good practices do not become too non-committal. The interests of providers and consumers go hand in hand. <\/p>\n\n\n\n

    At the end of 2021, the MOB will take stock of whether providers apply the good practices, and good practice<\/em> toepassen in hun aanvraag- en toestemmingsprocessen. De WTB rapporteert haar bevindingen in het Voorjaarsoverleg 2022 van het MOB. (...)'\">reports on this in the May meeting of 2022. <\/span><\/a> <\/p>\n\n\n\n

    Privacy First doesn't want to wait<\/h2>\n\n\n\n

    Privacy First calls on MOB members to put good practices into practice. Protecting citizens by giving them better information and choices as consumers is in everyone's interest. <\/p>\n\n\n\n

    Privacy First is positive about the result of the MOB. The seven questions and the standardized answers can be quite an improvement on the current situation. At the same time, we believe that the bar may be raised. How could the MOB better highlight the good practices? <\/p>\n\n\n\n