ClosePSD2
Learning from the PSD2 rollout
How exactly is PSD2 faring across the EU? Here are the lessons from an actual LIVE PSD2 implementation for a UK based client.
Why banks need to build out their open banking ecosystem for a better client experience
The future of banking lies in open banking. Open banking increases the usability of your accounts and increases its value. Its aim is to make the world of banking more open and accessible - making payments, borrowing money and saving money can all be simplified.
How banks can overcome the paradox of an Open Banking platform
The arrival of PSD2 in the EU means banks need Open Banking Platforms to compete. Some banks chose to develop their own software in house, while others took the faster and easier route of using off the shelf platforms created by innovative FinTech firms.
Why PSD2 brings more opportunities than challenges
New PSD2 regulations in the EU offer opportunities for the financial and FinTech sectors and will enhance customer’s payment experience and wealth management options. However, banks will need to redesign payment business models, and TPPs will now need to submit to regulatory supervision.