Nordea Bank: PSD2 will require banks to adopt a ‘totally new way of viewing their customer base’

Nordea's Liisa Kanniainen

Significant confusion and a high level of fragmentation can be expected over the next five years as European financial institutions become accustomed to new regulations under the Payment Services Directive (PSD2) which will open the door to new competition within the European payment services market, says Nordea Bank’s vice president of strategic business development, transaction banking and business innovation. More








US pilot for real-time payments system

Financial services provider FIS and banking association The Clearing House (TCH) are to pilot a real-time payments system with financial institutions in the US in the first quarter of 2017, with an initial focus on bill payments... More










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