Jun 15, 2020
5 mins read

PSD 2 and Open Banking - Emerging Trends and Use Cases

The European directive  PSD2 (“Revised Directive on Payment Services”) was in all news, when by the end of 2019, European companies had to start complying with PSD2’s Regulatory Technical Standards. The overall aims mentioned are honourable: To create and establish an integrated banking structure within the European Union to foster competitiveness between banks and non-financial institutions and provide better services to EU citizens, eventually. But, does this Open Banking initiative really brings the benefits the EU hoped for or comes it at the expense of security and user data issues?

Thomas Westerhoven
Open Banking and PSD2 Upcoming Webinar