• May
    18

    PSD2 and APIs


    PSD2  (Payments Systems Directive 2) is a EU wide regulation that will impact financial institutions already operating within the scope of the Payment Services Directive of 2009, but also extends to operators of e-commerce marketplaces, gift card and loyalty schemes, bill payment service providers, public communication networks, account access services, mobile wallets and parties involved in digital or electronic payments.



  • May
    18

    PSD2: Banks Should Compete, Not Just Comply


    “It feels like being on a tech board … one that is under siege by a thousand piranhas that are chipping away at various business lines and profit centers.”

    That’s how a board member of a U.S. super-regional bank responded when she was asked at the 2015 MIT CIO Symposium what her role felt like today.

    Fast forward a year and cross the pond, and I’m not sure that the responses we’d get to the same question today from European financial services board members would be fit to print in a family publication.