This year’s European Tour was a huge success, we could spread our views about what PSD2 is and what is beyond! We believe PSD2 is the perfect opportunity to make the first steps into the world of ecosystems, where the banks and other providers (FinTechs, travel agencies etc.) offer their collaborative services to reach a wide audience and share the profit. The key to this world is the use of standard interfaces (so called open APIs) that ease the flow of information and combining of functionalities. According to PSD2 some payment APIs are going to be mandatory to build for banks, but while doing compliance why not create new business opportunities?
In our presentation we provided answers for the following questions:
- How does technology shape the world of banking?
- Why is it important for banks to collaborate with FinTechs to create ecosystems?
- How can banks make profit from all of this?
Our presentation was highly appreciated by the participants: based on the feedbacks we were in the top 5 on the Back Office Operations Forum in Berlin and the International Payment Conference in Vienna. You can download it here.
At the conferences we received many questions and comments that we are very grateful for! For any additional questions and comments or to get the full experience of the presentation in person contact us.
See you in 2018!