Welcome to our roundup of the best news and opinion on PSD2 from the last week.
PSD2: The Honeymoon Period – Financial IT
Instead of focusing on the potential winners and losers of PSD2, Financial IT suggest we should be looking at how the landscape as a whole will evolve. What will participants need to change to operate in this new environment, and how will they achieve it?
Payments Big Bang: Impact of PSD2 on retail banking – International Business Times
IB Times focus on PSD2’s potential for revolutionising the retail banking sector by facilitating the emergence of a new class of FinTech providers, delivering a range of innovative services to banks’ existing customers across API platforms.
Open Banking: Opportunity or Dead on Arrival? – The Financial Brand
The focus on fraud related issues could have turned consumers away from Open Banking before they have got to grips with the benefits. The Financial Brand highlight that there is an urgent need for new services enabled by Open Banking to be communicated and explained to the public.