How to become a PISP player under PSD2?
The Revised Payment Services Directive has been working on to build a framework for the Third Party Providers like PISP (Payment Initiation Service Provider) and AISP (Account Information Service Provider) to develop services on top of bank’s data. Open Banking under PSD2 has made it all possible with bringing the focus on access to the account. As a result, banks will not be the only ones with information about transactions, customer’s banking history, as well as his financial position.
