Digital Finance Blog

PSD2 is a starter drug for many into open banking. PSD2 means implementing a software that follow all PSD2 rules i.e. an out-of-the-box solution from providers like ndgit.

PSD2 and Open Banking have paved the way for banking transformation. But compliance and regulation aside, what else is driving change, how should banks respond and how does this impact their service direction?

Ensuring seamless consent management is a cornerstone of PSD2 implementation. Here, Oliver Dlugosch, CEO of ndgit, explains how dedicated APIs can help banks reduce complexity and make processes smoother.

While current guidelines necessitate Two-Factor Authentication, some transactions are exempt. Oliver Dlugosch, CEO of ndgit, clarifies the secure ‘rules of engagement’ for Banks and Payment Service Providers.

Oliver Dlugosch, CEO of ndgit, answers interesting questions about open banking and addresses the biggest challenges and goals for the company.

In 2018, PSD2 effectively lit a touch paper to wholescale Banking transformation. It may be a slow burn but, according to Oliver Dlugosch, CEO of ndgit, it’s already generated far-reaching changes to investment attitude and strategy.