Open Banking: Customers on the Driving Seat
Since the introduction of PSD2, open banking is fast becoming a global phenomenon. It is rapidly changing the financial services landscape with innovation and open-data approach. Fueled by the latest regulations and new market entrants, open banking is altering the...
How PSD2 will make Alternative Payments More Competitive
The introduction of PSD2 (second Payment Service Directive) has brought both opportunities and challenges to the financial services landscape. The implementation of the revised directive will greatly affect how banks and financial institutions store and process data....
Impact of PSD2 on Banks and Businesses
PSD2 came as a revolutionary directive in Europe to create safer and more innovative banking and payment. The idea behind PSD2 was to promote the development of a banking sector that is more customer-centric and offer innovative B2C services. As the directive came...
Capturing Benefits of PSD2 in a New Regulatory Environment
PSD2 or payment service directive is the second attempt by the European Commission to regulate the rights and obligations of banks to provide the customers with better and safer services. The directive has come to change the ways how customers interact with banks...