EU Institutions Grapple With Open Banking Implications Blog | Fiserv

The passage of the European Banking Authority’s Second Payment Services Directive (PSD2) has both challenged the banking community and presented a wealth of opportunities. PSD2 is first a compliance initiative, but its ultimate promise is to create a more consumer-centric Open Banking environment that also enables new and existing providers to engage with their customers. Fiserv recently released FinKit™ for Open Banking, a solution designed to help financial institutions get and stay compliant while building a platform equipped for long-term innovation.

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