PSD2 in 90 seconds – Friday 22nd September

PSD2 in 90 seconds – Friday 22nd September

By September 22, 2017 News, Research No Comments

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

PSD2 and the payments ecosystem metamorphosis: How banks can save the banks – Bobsguide

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)

​Is open banking the industry’s Netflix moment? The Banker

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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