Digital Finance Blog

Currently, everyone is talking about Open Banking. One important thing is the right definition or interpretation of this term. There are some banks that understand Open Banking as purely publishing OpenAPIs so TPPs can access their data. But Open Banking is so much more than this...

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?