How PSD2 Changed the Way Banks Use APIs

More about PSD2: https://www.ibm.com/cloud/banking/open See how Payment Services Directive 2 (PSD2) will allow access to bank accounts, security considerations and the need for collaboration in the industry to develop API standards for efficiency. In this video, David Bannister, Principal Financial Services Analyst at Ovum, shares his views on the modified Payment Services Directive and the impact it could have on the banking industry. Hear him discuss his views on the future include developing innovations, new payment ecosystems and opportunities for new service offerings with partners and fintechs.