In an article series published today by global financial news platform Bobsguide, Meniga CMO and VP Business Development Bragi Fjalldal, shares his insights on how the landscape of financial services and retail banking will change with the approaching PSD2 regulation and how banks should react.
“As PSD2 draws closer, banks are beginning to plan for compliance. API level access to account data & payment initiation requires banks to rethink IT architecture. But viewing PSD2 as a pure compliance exercise would be a big mistake. PSD2 offers commercial opportunities for all players in the financial services industry and banks must take advantage”
bobsguide is an innovative online platform that connects the providers of fintech solutions with the financial services professionals who need them. With over 64,000 registered users across the three core communities’ technology vendors, financial services professionals, and consultants bobsguide is a leading global information resource for the financial technology sector.
See also Bragi’s blog: “PSD2: Seizing the Opportunity”
For more information visit www.meniga.com