This is the 10th episode of the ‘figo talks PSD2’ podcast. The guests are talking about different understandings of Open Banking, the impacts for Europe and about comparable developments in the US, Asia and Oceania. Tune in and find out how Open Banking will change the world!
How lenders can win from Europe’s regulatory shake-up? Compliance is necessary but it poses an ever-evolving challenge. It has an impact on resources, manpower and capacity for many businesses. But ensuring concrete business benefits for every euro spent on regulation is possible and should be a commercial goal in today’s competitive environment. says Experian consultant Damien Prevosto. New research among nearly 600 senior decision-makers across the EU reveals four out of five (80%) are not… Come and hear us at the GDPR and PSD2 Forum in Amsterdam on 19th February
The European banking industry has been recently under intense regulatory pressure with a focus on enhanced investor protection, increased capital adequacy and reporting. Payment Services Directive 2 (PSD2) has a completely different application. The European Banking Association aims to change the retail banking sector
Interaction of PSD2 and GDPR – you will find below a link to an informal English translation of the (public) letter sent by the Dutch data protection…
“As Meglena Kuneva, the European Consumer Commissioner noted in 2009, “Personal data is the new oil of the internet and the new currency of the digital world.” Prior to PSD2, this data was guarded jealously by a small number of large banks.
This EPC infographic outlines the main principles of the RTS for strong customer authentication and common and secure open standards of communication under PSD2.