Why should retailers take a closer look at Open Banking?
Try to describe Open Banking to a retailer can be a bit of a challenge. Retailers and bankers rarely share the same objectives and their perspective of what the customer wants is often like chalk and cheese.In Europe, Open Banking is supported by a regulatory regime, the second Payment Services Directive (PSD2), which means that banks are required to share more customer information than ever before via Application Programming Interfaces (APIs).
by Mark Beresford | Oct 31, 2018
