PSD2 INFLUENCE ON DIGITAL BANKING TRANSFORMATION - BANKS’ PERSPECTIVE
The European Union government has forced banks to open and make their customer information accessible with their permission, for other players in the financial market to use and take part of that business, in order to make the banking industry more innovative, stimulate new ideas in the paymen...
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Applied Management, Economics and Finance – MEF, Belgrade, University Business Academy in Novi Sad
2020-10-01
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| Series: | Journal of Process Management and New Technologies |
| Subjects: | |
| Online Access: | http://www.japmnt.com/images/Volume8/issue-4/1.%20PSD2%20INFLUENCE%20ON%20DIGITAL%20BANKING%20TRANSFORMATION%20-%20BANKS%20PERSPECTIVE.pdf |
| Summary: | The European Union government has
forced banks to open and make their customer
information accessible with their permission, for
other players in the financial market to use and take
part of that business, in order to make the banking
industry more innovative, stimulate new ideas in
the payments market and better regulate existing
legal frameworks for payment and banking services
across the EU. This paper analyzes the impact that
the revised PSD2 Directive has on the digital
transformation of banking across the European
Union. |
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| ISSN: | 2334-735X 2334-7449 |