- UK/Europe (PSD2)+1 more
- 6. Sep
Open banking: A wake-up call for the banking industry
The EU’s second Payment Services Directive (PSD2), coming into effect in January 2018, is fast-approaching and so is the CMA’s Open Banking initiative in the UK. With regulatory changes underway, designed to give users control over their banking data, retail banks and financial services are under pressure to defend their position as the number one provider of banking services.