PSD2 & Open Banking

Open Banking / PSD2 Begins

Saturday 13 January 2018 marked the start of an information revolution in banking. PSD2, which is pan-European, and Open Banking in the UK will open up access to vast swathes of transactional account data that have until now been the preserve of the big banks.

The possible uses of this data are seemingly endless, but in the medium-term it is expected to allow consumers a better understanding of their financial position, while allowing fintech lenders to underwrite loans faster and to price risk more accurately. There have been inevitable delays to implementation, but in the long-term, most agree that these directives will have a marked impact on financial services.

PSD2 and the digital journey

2nd November 2017

How to make a success of PSD2

20th September 2017