The future of banking is being completely altered by the Payment Services Directive 2 (PSD2) which comes into play in January 2018.
PSD2 opens the floodgates to financial services innovation. Instead of making banking more complex, PSD2 is forcing banks to open up their systems of record to third parties, including non-traditional Financial Services (FS) companies like Amazon and Facebook. Banking will finally become transparent to those who matter most – the consumers.
