Accuity: Focusing on customer growth: Opportunities driven by PSD2
The PSD2 is mandating the use of certain technologies as a basis for innovation. From this perspective, perhaps, it is legislators who are saying that these innovations should not be seen as ‘nice to haves’ – that the market is driving this and this is a way to keep banks in the game. What does PSD2 mean to banks in simple terms? What are the benefits and what are the drawbacks for banks?