Open Banking to spark positive change?

The Financial Services industry is gearing up for the impending arrival of two new EU regulations – the Payment Services Directive (PSD2), otherwise known as Open Banking, and the General Data Protection Regulation (GDPR). The deadlines for compliance, 13th January and 25th May 2018 respectively, are likely to be circled on most IT folks’ calendars. Even the impending break-up of the EU will not save those in the City of London as Brexit will likely finalise after these dates.

Sourced through Scoop.it from: www.finextra.com

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