July 2019
Beginner to intermediate
300 pages
7h 48m
English
PSD2 aims to stop financial institutions' monopoly over the use of customer data and payment services.
By the end of 2018 (when the directive first came into effect), financials institutions in the EU should have opened the doors of their customers' data and payment services to third-party providers.
In practical terms, what this means is that in the near future, you might be using Facebook, for example, to check bank account balances, do bank transfers, and pay bills.
Another example, in the same industry, is the Open Banking initiative being introduced in the United Kingdom as a result of the Retail Banking Market ...
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