How banks can thrive in a shifting European market

Now just six months away, the revised Payments Service Directive (PSD2), is poised to create a dramatic shift in the European banking landscape, by granting third-party payment providers (TPPs) and fintechs access to customer account data, once the preserve of the banks.

The directive is intended to drive competition, innovation and transparency in the banking sector, while enhancing security, and will encourage more players into the space, creating a more competitive market place, and brings us closer to the Open Banking standard.

In this new white paper, payment services company AEVI argues that PSD2, while bringing challenges to banks, is a directive that can work in banks’ favour, and present many opportunities.

Complete the form below to download your complimentary copy of the report.