News & Insights
The next big thing in open banking is partnership
As banks across the continent prepare to provide third-party access to financial data, Enfuce Financial Services and Suomen Asiakastieto exemplify how a collaborative fintech ecosystem can make the most of PSD2. PSD2 has opened the floodgates of financial data and Suomen Asiakastieto wanted to offer a single point of entry to banks and third parties
The New Era of Open Banking
What an exciting month! It has now been over two weeks since the latest PSD2 deadline, where European banks were obligated to provide a sandbox to third-party service providers (TPPs). We think that in order to thrive, banks need to view PSD2 compliance as part of a broader digital transformation and learn to collaborate rather than
The Future is Collaboration
It has now been two weeks since the latest PSD2 deadline, where European banks were obligated to provide a sandbox to third-party service providers (TPPs). According to recent surveys, around 40 % of the banks under the regulation failed to meet this deadline. While it’s still unclear what it means for banks who don’t meet
