vocabulary:
  name: BBVA API Market Vocabulary
  description: >-
    Key terms and concepts used in BBVA's open banking API platform,
    spanning PSD2-compliant European services and global banking APIs.
  terms:
    - term: AIS
      definition: >-
        Account Information Service — a PSD2 regulated service allowing authorized
        third parties to access customer payment account information (balances, transactions).
    - term: PIS
      definition: >-
        Payment Initiation Service — a PSD2 regulated service allowing authorized
        third parties to initiate payments from customer bank accounts.
    - term: PSD2
      definition: >-
        Payment Services Directive 2 — EU regulation requiring banks to provide open
        access to customer account data to licensed third-party providers.
    - term: SEPA
      definition: >-
        Single Euro Payments Area — the European integration initiative enabling simple,
        standardized euro-denominated bank transfers across 36 European countries.
    - term: SPEI
      definition: >-
        Sistema de Pagos Electronicos Interbancarios — Mexico's interbank payment
        system for real-time electronic fund transfers between Mexican banks.
    - term: TPP
      definition: >-
        Third-Party Provider — a company authorized under PSD2 to access bank account
        data (AISP) or initiate payments (PISP) with customer consent.
    - term: ASPSP
      definition: >-
        Account Servicing Payment Service Provider — the bank or PSP that holds the
        customer's payment account and provides API access to TPPs under PSD2.
    - term: SCA
      definition: >-
        Strong Customer Authentication — PSD2-mandated multi-factor authentication
        requirement for accessing accounts and initiating payments.
    - term: Redsys
      definition: >-
        Spanish payment processor and PSD2 hub through which BBVA Spain PSD2 APIs
        are registered and certified for TPP access.
    - term: Treasury Management
      definition: >-
        Corporate treasury services for managing cash positions, payments, and collections
        across multiple currencies and countries.
    - term: BBVA API Market
      definition: >-
        BBVA's developer portal providing access to open banking APIs across all
        BBVA geographies, including sandbox and production environments.