PSD2 in 90 Seconds – Friday 19th January

PSD2 in 90 Seconds – Friday 19th January

By January 19, 2018 PSD2, Research No Comments

Welcome to our roundup of the best news and opinion on PSD2 from the last week.

Banks face a seismic technological upheaval – PSD2 is only the start – City A.M.

PSD2 is only the beginning – the broader legislative push for open banking means banks are now expected to begin evolving into platforms connecting to a range of third party financial service providers.

But will Amazon and Google beat them to the punch?

Seven things you probably should know about PSD2, but were never told – Finextra

A list of some of the more obscure and less well-known aspects of the PSD2 regulation gleaned from the FCA’s new e-money and payment services approach document.

How banks are getting around open banking and PSD2 – Chris Skinner

Security concerns regarding PSD2 are rife among banks, as is the fear of losing exclusive access to customer data. According to The Finanser, European and American banks refresh their legacy systems, they will block, as far as legally possible, any technology challenger.

PSD2 and the ‘Uberisation’ of Banking – Vipera

NEW WHITEPAPER: The unique opportunity for retail banks in 2018, and the impending Uberisation of the financial services industry.

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