Open Banking: the challenges and opportunities

Open Banking, a concept quickly becoming reality in 2018, enables individuals to grant companies access to their financial data so that businesses can develop and provide new and improved products and services.

Open Banking became something of a buzzword in 2017 and, on January 13th 2018, what was until then merely a concept, became a potentially disruptive reality for the financial services sector. At its core, the revised Payment Services Directive (PSD2),...

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