PSD2 in 90 seconds Friday 6th July

PSD2 in 90 seconds Friday 6th July

By July 5, 2018 PSD2, Research No Comments

Welcome to our regular roundup of the best news and opinion on PSD2.

PSD2 Will Not Fuel Innovation In The Banking Sector… Here’s What Will – Finance Monthly

Is PSD2 already too dated to be effective? A view here that legislation such as PSD2 is simply too slow to be an effective driver of change – customer preference and wide availability of new technologies will be the real accelerators.

PSD2 and APIS: How Open Banking will Unbundle Financial Services – BBN Times

A view on the key changes we can expect as PSD2 compliance moves forward. Open APIs will create fresh opportunities to integrate innovations and enable them to become part of the financial industry’s daily operations – while new entrants focusing on doing ‘one thing well’ will benefit from customers’ ability to multi source.

Do GDPR and PSD2 go hand in hand? – Global Banking and Finance Review

Although GDPR and PSD2 may seem to be contradictory in their requirements, both are pushing financial services organisations towards  a much needed acceleration of their digital transformation process by putting the customer first.

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