EY were delighted to sponsor the EBA & Finextra Breakfast Seminar, examining the consequences of PSD2 for the European payment landscape and its implications for ‘Open Banking’. The event featured presentations from the following guest speakers:
There is no doubt that for incumbent Payment Service Providers (PSPs) the new Payment Services Directive (PSD2) presents a number of challenges, both strategic and operational. However, challenger banks and fintech companies are excited by the potential of PSD2 – especially the way in which it will ‘open up’ the European payments landscape to new business opportunities.
Discussion points included: