Payment Service Directives & Software Development

A Glance into the Evolution of Financial Services

Over the past two decades, disruptive regulations became a normality in the financial sector, redesigning the financial industry and reimagining the banking systems at their core.

In the EU, the most notable such regulation is PSD2, which came into effect in September 2019, offering a fresh perspective for both banks and fintech. At the same time, technological advancements, coupled with the accelerated adoption of software development in the financial sector, empowered endless innovation opportunities.

This whitepaper aims at helping financial institutions and fintech alike understand the potential and grasp the opportunities brought by PSD2 and financial software solutions, by glancing at the historical evolution of the financial industry and the possibilities ahead.

You will find inside:

A Short Overview of the Financial World Evolution

The Impact of PSD2 on the Financial Industry

Financial Software Development – Opening New Opportunities

A Thought for the Future

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