LONDON: After #Brexit a directive called ‘ Revised Payments Services ‘ is changing as it requires all banks operating in the EU to provide customers with access to account and transaction information, as well as payment initiation to third parties, via APIs – @AceNewsServices

#AceFinanceNews – Aug.23: With Brexit, APIs Just Became Geopolitical

London holds the reputation of fintech capital of the world, leading the forward-thinking EU as it seeks a more integrated European payments market.

This is currently being built around the EU’s Revised Payments Services Directive (PSD2) that requires all banks operating in the EU to provide customers with access to account and transaction information, as well as payment initiation to third parties, via APIs.

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