PCM Research -

PSD2 and Europe’s Open Banking Mandate – Challenges for Banks and FinTechs

PSD2 and Europe’s Open Banking Mandate – Challenges for Banks and FinTechs

The objective of this report is to analyze the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking challenges both for banks and FinTechs. In short Open Banking leads to more transparency, customer choice and control over financial assets and personal data. Open APIs are a key enabler of this evolution.

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