Therefore, incumbent and new PSPs have started offering financial services to a variety of stakeholders, including public governments, corporate and retail customers, with the aim to maximise the opportunities stemming from advanced technologies. These include, among the others, application programming interfaces (API), cloud computing, distributed ledger technology (DLT), the internet of things (IoT), and artificial intelligence (AI).
Hence, regulators around the world have elaborated legislative frameworks to help these innovative trends to securely develop.
