Nadish Lad, Volante: What needs to be done to make Open Banking work?
The current main focus for banks around PSD2 and Open Banking is to ensure that they can meet the regulatory requirements. Compliance with the technical implementation aspects of PSD2 will come into effect in July 2019.
With banks now rushing to ensure compliance, we see a different approach to tier 1 banks (versus tier 2 and tier 3 banks), which have significant investments in …