Some might say that PSD2 as such will not be a huge game changer. But in fact, the impact of PSD2 goes way beyond the mandated APIs towards open banking.
Financial service companies can benefit from agile development methodology if it is used properly.
Tietoevry Banking is monitoring many European jurisdictions in the process of introducing PSD2, which mandates banks to open up their APIs to third-party service providers.
When it comes to PSD2 and Open Banking, the European Union is like a test lab for the rest of the world.
Open Banking is bound to reshape the banking industry and its services.