
PSD2 as an Enabler for Data-Driven, Intelligent Banking Services
Breaking up the value chain in the financial industry has been explicitly promoted and demanded in all states of the European Union since January 13, 2018 by the Payment Services Directive II, or PSD2 for short. PSD2 gives AIS and PIS open access to customer account data and payment behavior via application programming interfaces (APIs). This creates potential for the use of AI technologies.
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