What is PSD2?
PSD2 (Payment Services Directive) is one of the biggest overhauls of the financial industry within the EU. With great change comes great opportunities and the financial institutions that engage and grasp the greatest vision will have the biggest impact.
In this white paper, Mobica discusses the impact the Directive has on users following recent changes to the banking industry. Defining PSD2 and providing an overview of Mobica’s partnership with a FinTech innovator to develop a prototype solution inspired by the Legislation which won the 2016 Barclay’s Rise Hackathon. Followed by a discussion of how Mobica expects the open banking platform of PSD2 to grow and how new technologies present additional opportunities within this sector.
- The industry changes and benefits to payment services
- 3 main challenges for the financial sector
- How PSD2 can improve the customer experience
- 16 pages of actionable content
- Breakdown of how PSD2 can evolve payment services
Interested in finding out how the changes to PSD2 may affect your business? Click here >