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Categories: psd2

PSD2 – the EU directive that changes the financial services market fundamentally

PSD2 – the EU directive that changes the financial services market fundamentally

The banks’ monopoly on customers’ data will vanish with the new Payment Services Directive, PSD2. The market is now opening up to new stakeholders, giving customers more options to choose from. Björn Kjellberg, project manager for Entercard’s PSD2 initiative, explains how the new directive will influence the financial industry in general.