Shaking up the fintech sector

26th March, 2017

Due to come in next year, PSD2 will bring significant changes to the financial market.

It will allow consumers and businesses to use third-party services to help manage their finances and will see banks compete against anyone offering financial services. The regulations will also help improve customer protection and data security.

It will introduce two new types of providers. One is AISP (Account Information Service Provider), which provides access to bank customers’ account information, while...

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