Welcome to our weekly roundup of the best news and opinion on PSD2 from the last week.
PSD2 presents the opportunity for ‘banking as a platform’ to become the norm – but the lack of standardisation on APIs could make it tricky in the short term for banks. (A fintegration platform could be the answer)
PISPs and AISPs may be held back by issues of trust among customers, particularly the older contingent. This provides an opportunity for banks to act as aggregators of these services – giving customers richer functionality while reassuring them that their accounts are secure.
Existing payment institutions and e-money institutions to be required to be re-authorised for PSD2 – including aggregators and PISPs.
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