The dimensions of PSD2

There are different strategies for banks to deal with the PSD2 Directive. Some banks see PSD2 as a directive to simply comply with and to provide secure access to their customers’ data to third party payment service providers (TPP), whereas other banks see the potential beyond PSD2. These banks will become TPPs themselves. They enhance their offering with additional API services to open new sources of revenue by providing new business models, and to generate more value for their customers.

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