Banking predictions for 2020 – more competition, more collaboration and new sources of revenue
As 2019 draws to a close, financial services commentators and vendors have made their customary end-of-year predictions for the 12 months ahead, with increased competition through supercharged PSD2 the principal driving force.
Regulation reinforced
PSD2 came into full effect in September 2019, while UK’s Open Banking equivalent is set to celebrate its second birthday in January. The effect thus far however has been fairly minimal...
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