The Benefits of PSD2 and Open Banking in 2020
In the past few years, there has been a lot of buzz around PSD2 and Open Banking. By many financial institutions it is referred to as one of the major steps in banking history. Figures published early this year show that customers' use of Open Banking in the U.K. has surpassed the one million customer mark for the first time. The numbers continue to grown strongly. Therefore, we wanted to "look behind the curtains" and elaborate on the benefits of PSD2 and Open Banking today.