Are Open Banking and PSD2 a real threat to banks? – DirectorsTalk

Mike Gordon is chief executive of Callcredit, says YES. Banks make most of their money from a few products, which they package along with current accounts. Open Banking and PSD2 will change this model, as shown by our recent research with Ctrl-Shift. Open Banking requires banks to share their enormous data collections. 

Sourced through Scoop.it from: www.directorstalk.net

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