Blogs

PSD2: The banker’s story

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The Payment Services Directive 2 is being hailed as the long-needed infusion of freedom and debilitation of banking monopoly. And, it truly is great. The basic idea is to mandate banks into opening up APIs to allow ANY interested, authenticated party to fetch account information and conduct transactions on behalf of the customers. The problem that many are speaking of is that the banks may lose out to more competition.

Topics: PSD2 Financial Services

PSD2 impacts - What does it change?

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While the financial services sector is moving towards adopting innovations at a rapid pace; the core banking has pulled up its socks to show its dominance across the financial sector.

Topics: PSD2 digital payments Financial Services PSD1

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