PCM Card Notes -

OPEN BANKING PRESENTS CHALLENGES FOR BANKS AND FINTECHS

The adoption of the revised payment services directive (PSD2) in Europe is changing the relationship between banks and FinTechs, specifically around open access to customer account data and the payments infrastructure, dubbed ‘open banking’. In turn, this is expected to stimulate the development of new integrated service models for consumer and business customers. So far, [...]

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