Analysts are making great claims for open banking under PSD2, but does it have the wow factor? Brian Caplen looks into the matter.
Understanding the opportunities in PSD2
Are you PSD2 ready? Click here for a guide to the latest information and sources of support
As the European payments industry approaches the January 2018 deadline for the transposition of the second iteration of the Payment Services Directive (PSD2) into national law, banks across the EU need to understand the new competitive landscape to take advantage of the opportunities the incoming regulation presents.
Christian Schaefer, head of payments, corporate cash management, at Deutsche Bank, talks to Joy Macknight, deputy editor at The Banker, about the complexities in PSD2 and how banks can best respond and succeed in the new regulatory environment.
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Leveraging PSD2 to open up transaction banking
July 3, 2017While most of the buzz around the updated EU Payments Services Directive has centred on benefits to retail customers, its role in ushering in open banking will create new opportunities in transaction banking. Joy Macknight reports.
PSD2 flaws show a rethink is needed on data sharing
February 27, 2017The new EU Payment Services Directive for banks to share customers’ data with other companies is fraught with unmitigated risks surrounding consent, security and liability, argues Chris Skinner.
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