How PSD2 and Open banking will change the way we interact with our money.

Rina Andriana

Lightning talk - in English

The new european directive PSD2 will become fully operational in 2019. It will require banks to open their APIs and to share their customer data to third party providers. This will affect the whole finance industry. It will open up many new possibilities for businesses to provide better user experience for their customers. The entry of PSD2 will for instance make it easier and more seamless to initiate payments online. Merchants are able to get money directly from your bank account without the use of any bank card. That is just one of the many possibilities and use cases that will be possible in the nearest future.

This talk will give you an insight of what PSD2 is, why it matters and how it can change banking as we know it today.