White paper: demystifying PSD2
While strictly applicable within the 28-member European Union, starting in January 2018, the benefits of the regulation to end-customers coupled with increased competition and innovation across the industry driven by Open Banking make it interesting to a broader, global audience.
PSD2 not only simplifies electronic payments but also mandates critical organisational changes across the entire retail-banking value-chain.
This white paper by Fiorano Software discusses the implications of PSD2 from an end-user standpoint. The introduction of dedicated entities to manage front-office transactions across banks results in simplified end-user experiences with increased backend banking transaction throughputs and efficiencies.
Click here to read the free white paper.