External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. 17 banks choose TietoEvry’s open banking service 08 February 2021 Source: TietoEVRY A new service lets customers view and make payments from any of the bank accounts that they have at different banks directly from the online bank that they use the most. The EU’s Second Payment Services Directive (PSD2) is intended to encourage innovation and competition in banking services, including by requiring banks to enable open banking services. In other words, banks have to make it possible for third party providers, subject to the customer giving consent, to access account information and to carry out transactions through what are known as APIs.