With the introduction of PSD2, 2018 proved to be a substantial year in the Fintech world. Many countries have started incorporating the directive into their national laws and regulations. Norway is the latest in the list of PSD2 compliant countries. The European Union...
The concept of being open in regards to user data seems contradictory to banks in the current financial environment. We generally believe that banks must keep our data secure and must not open to any third party. Open Banking is an approach existing because of PSD2 to...
With industry globalization, it became easy for people to find work outside of their homelands. Especially in the developing countries, where it is difficult to find work and earn a decent income to meet the daily expenses, industry globalization was a game changer....
The current economic environment is highly competitive and fast changing. Fintech or financial technology has a massive potential to innovate the environment and enable the development of new products and services. While innovation is poised to bring new business...
2018 has proved to be the game-changer for the European financial market. As PSD2 (Revised Payment Service Directive) was implemented, banks monopoly on consumer account information and payments is soon going to go away. PSD2 is going to enable banks, lenders as...
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