PSD2 INFLUENCE ON DIGITAL BANKING TRANSFORMATION - BANKS’ PERSPECTIVE

  • Marijana Petrović Unverzitet u Novom Sadu, Ekonomski fakultet u Subotici
Keywords: PSD2,, digital banking transformation, banking industry, European Union

Abstract


The European Union government has forced banks to open and make their customer information accessible with their permission, for other players in the financial market to use and take part of that business, in order to make the banking industry more innovative, stimulate new ideas in the payments market and better regulate existing legal frameworks for payment and banking services across the EU. This paper analyzes the impact that the revised PSD2 Directive has on the digital transformation of banking across the European Union.

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Published
2020/10/01
Section
Original Scientific Paper