The joint effort to create third version of the IOBWS (Icelandic Online Banking Web Service) is described in ÍST-WA-310. This document describes the foreign payments products and is a part of the third version of IOBWS that will also support the domestic implementation of the Payment Service Directive (EU 2015/2366, also known as PSD2). This document reflects the agreement made by TN-FMÞ and is based on the analysis of the working group TN-FMÞ-VH1 business claims.
ÍST TS-313 defines web application programming interfaces implemented by Icelandic commercial and savings banks to expose shared functionality and information for foreign payments, under the Icelandic Online Banking Web Services (IOBWS) framework of specifications. Other ÍST Technical Specifications exist which address related but discrete units of the overall IOBWS framework, either as new additions or upgrades to the previous specifications. Some crosscutting guidelines and shared concerns are addressed in the workshop agreement ÍST WA-316. As the consumption and implementation of each part of IOBWS are optional, the documents aim to be independent of each other. However, due to the origin of the underlying OpenAPI specification in the Berlin Group NextGenPSD2 Framework, ÍST TS-310 on Domestic Payments and Deposits and ÍST TS-313 on Foreign Payments overlap quite significantly. Both are based on the “IOBWS3.0.yaml” definition document and share schema type and API service definitions