Open banking is the practice of providing third-party financial service providers open access to financial data such as transaction histories in order to provide better networking across accounts.
How has PSD2 affected the market, and will PSD3 be the answer to major problems in the industry? The evolution of PSD2 should certainly be on the minds of those in the finance industry. In a recent ...
The third iteration of the Open Banking specifications, released earlier this year, are now being adopted by the major UK banks. The Regulatory Technical Standards on Strong Customer Authentication ...
Pursuing the principles of open banking, the Payment Services Directive 2 (PSD2) means that financial institutions must open up, among other things, APIs and customer account data to regulated third ...
The PSD2 directive has been delayed, but will we be ready for it despite the extra time allowed? Will businesses be prepared? Are consumers even aware? And how will it affect us all? Processing ...
Sanuj Bhatia, the managing editor at Pocketnow, is responsible for supervising and contributing to all the content published on the website, including news, reviews, features, and how-tos. He began ...
September will see the introduction of a directive for payment standards and security, but how ready is the world for PSD2? Dan Raywood investigates. Mid-September will see the final introduction of a ...
When you think of Payment Services Directive 2 (PSD2), what likely springs to mind is the implementation of the Secure Customer Authentication rule (SCA). SCA was brought in as an additional check ...
Open Banking is redefining how financial data is accessed, shared, and secured—paving the way for a more connected and transparent financial ecosystem. This shift is not only technical but also ...
Open banking is one of the most significant innovation forces happening in consumer financial services around the world. It’s increasing the connectivity between banks, fintechs, and other players to ...