PSD2 and Open Banking | Deloitte UK

The recent Competition and Markets Authority (CMA) announcement and the European Union’s decision to extend the scope of the original Payment Services Directive through PSD2, coupled with the Open Banking Standard set out by the UK government’s Open Banking Working Group, illustrates how the payments market will be opened to new entrants, driving further competition and accelerating innovation.

Sourced through Scoop.it from: www2.deloitte.com

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