Welcome to our regular roundup of the best news and opinion on PSD2.
PSD2: customer loyalty and bespoke, behavioural open banking – Fintech Futures
An interview with the founder of YoYo Wallet on the impact so far of PSD2 on Open Banking and direction of the future development of API’s. His conclusion is that the anticipated ‘Big Bang’ following the launch of Open Banking did not take place but that things are changing and the pace will only increase.
Delivering Strong Customer Authentication to support PSD2 Compliance – Payments Cards & Mobile
Reporting on a new whitepaper from InAuth which states that PSD2 will facilitate innovation, competition, and efficiency among banks especially around strong customer authentication.
For PSD2, banks have a duty to deliver compliant and secure solutions. This article looks through the directive at which parts of the legislation refer to this and what the implications are for banks.