January 23, 2018 — Your Thoughts: PSD2 & Open Banking
Ryan Wilk, VP at NuData, comments on a report issued yesterday by Finance Monthly disclosing his opinions on open banking and PSD2.
While open banking will allow a myriad of services for customers to take advantage of, it will also open them up to third-party vendors and therein lies the challenge. Securing the supply chain so that personal information is protected from attacks will take a herculean effort and one that has not been entirely successful up to this point.
For the complete article, go here.