EPA Champions Open Access To Bank Accounts With Release Of New Guidance
EPA Champions Open Access To Bank Accounts With Release Of New Guidance Date 17/03/2021 Traditionally, banks have served consumers and corporates but with the evolving needs of payment service providers (PSPs) and merchants in today’s world when it comes to payment method/capability, the market must cater to wider range of clients, some of whom have different requirements and some of whom pose more risks. However, following the financial crash in 2008 and a series of de-risking events in 2012 and 2013, banks were told to lower their overall risk profile and closely monitor their com...
Source: mondovisione.com