Welcome to our weekly roundup of the best news and opinion on PSD2 from the last week.
A Fraud Perspective On PSD2 – International Banker
The opportunities of PSD2 come with greater fraud risks – a proactive strategy will be key to defending against the weaknesses that will come in the transitional period next year.
How PSD2 could solve consumer money woes – ITPro Portal
Consumers are more worried than excited about PSD2 – but the more sophisticated budgeting that open banking will encourage should be cause for celebration.
PSD2’s API wave will pump up the security risk – PaymentsSource
More discussion regarding the fraud risks PSD2 will present. Open APIs mean more potential loopholes for banks, but they could benefit from looking at mistakes early adopters of open APIs (Amazon, Zillow, etc) have made.
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