PSD2 Opportunities

PSD2 - Disruptive Opportunity for Banks?

PSD2, also known as DIRECTIVE (EU) 2015/2366 - intended to make the financial services sector easier accessible for payment service providers - was seen as a threat to the banking sector, or at least as a disruptive opportunity for other parties. But is this really the case? Are banks really loosing customer intimacy and what do they do to prevent this?

Identity at the Core: Omnichannel Customer Authentication Strategy at a Pan-European Digital Banking Challenger

Rather than treating identity as an afterthought, MoneYou treats identity as a key enabler (and potential differentiator) for its services. In fact the first thing MoneYou developed on their journey of becoming a full digital bank, was an omnichannel identity platform.

Key take-aways:

• How to deliver state of the art identity functionality to customers;
• How to quickly adapt to ever changing identity, authentication, and security demands;
• How to manage the authentication life cycle in a post PSD2 fully online world.