PSD2

As part of the EU’s Open Banking, PSD2 requirements, banks must open for their API, Open API,
to Providers where they will be provide services to bank customers.

PSD2: rev. Payment Services Directive – TPP: Third Party Payment Providers

PSD2 list

Payment Services Directive (PSD2) – Brussels, 27 November 2017

The Service Providers will via API connection will offer Services eg Payments or account information etc.
see PSD2 Infographic | europeanpaymentscouncil.eu

PSD2 explained in 3 simple gifs

What we know from Telecom companies where a Service Provider could offer Voice-over-IP,
can now be repeated as “Money-over-IP” for financial services.

For any enquiries please contact us.

PSD2 explained in 2 minutes

 

PSD2 demo with Instant Payments and API economy

 

PSD2 Demo App

 

PSD2 paradox
https://www.futureofeuropeanfintech.com/assets/fintech_animatic.mp4?lipi=urn%3Ali%3Apage%3Ad_flagship3_pulse_read%3Bki1bt86FQUSkH3FCbJofRQ%3D%3D

 

What is PSD2

 

Open Banking & PSD2: How regulation is shaping the future of banking