PSD2 is one of the hottest topics for Money 20/20 Europe this year: the second Payment Services Directive (PSD2) forces banks to open up direct API access to customer accounts (XS2A) for third-parties according to requirements for strong customer authentication (SCA). These third-parties will be able to develop new business cases based on the customer data and funds held by the banks. This offers huge opportunities for, but also poses significant threats, to many existing businesses.
This webinar, hosted by Consult Hyperion & Norfico, will seek to explain the issues and answer questions about the implications of PSD2 and XS2A:
• What are the technical and security challenges in implementing XS2A and SCA?
• What can banks do to prevent third parties dis-intermediating them?
• As a third-party how do you build a successful business model based on PSD2, XS2A and SCA?
• Is this “cardmaggedon”: does this signal the end of the road for payment cards?
Dave Birch
Director of Innovation
Consult Hyperion
Tim Richards
Principal Consultant
Consult Hyperion
Kristian T. Sørensen
Founding Partner
Norfico