European regulation PSD2 (for Payment Service Directive N° 2) requires banks to give access to payment account information as well as payment initiation to authorised third-parties offering services to consenting bank clients.
Authorised third-parties are of two sorts:
Account information service providers (AISPs)
Payment initiation service providers (PISPs)
iBanFirst hold both AISP and PISP licenses since 2018 and can thus connect to their client's bank accounts with their consent.