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Compliance with the EU Payments Services Directive (PSD2) is the next key milestone in the continued evolution of open banking. This evolution involves a new set of rules that will change how we confirm our identity when making purchases online. ....
American banks need the kind of clear rules European institutions have enjoyed for several years if they're to become leaders in sharing consumer data with fintechs. ....
Visa to snap up open banking start-up Tink for €1.8bn siliconrepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconrepublic.com Daily Mail and Mail on Sunday newspapers.
This content is contributed or sourced from third parties but has been subject to Finextra editorial review. Preparing for a Digital Future 16 February 2021 Across the world, the Coronavirus pandemic has brought about a dramatic shift in the consumer uptake of digital services, particularly in the financial services sector. In the case of Ukraine, however, such a shift had already been initiated. Rather, the pandemic has accelerated the transition that we at the National Bank of Ukraine view as essential for a modern financial system, businesses and consumers. Indeed, playing a central role in preparing Ukraine for the digital future is a key priority for NBU under my governorship, as we look towards economic recovery during the course of 2021. ....