The upcoming PSD2 directive is without any doubt a hot topic in the Financial Industry and was extensively debated at SIBOS in Toronto .
Many banks see PSD2 as a challenge, Fintech companies, instead, consider it as an opportunity because banks will be forced to innovate in order to maintain control of their customer behavior and loyalty. This will lead banks to cooperate with Fintechs through an API economy that will unlock great value to all stakeholders.
At Sibos Ali Paterson from Fintech Finance sat down with Alain Vansnick, SVP, Business Development EMEA of TAS Group, to explore the inevitable impacts of PSD2 on the market. .