The Revised Directive on Payment Services (PSD2) enables European business and consumer banking customers to use third-party providers to manage financial transactions. Furthermore, the regulation requires banks to provide these third-party providers access to their customers’ accounts through open APIs.
PSD2, in fact, changes the very nature of banking when any of the participants -- bank, customer, merchant, or third party -- resides in Europe. However, the regulation itself isn't specific about the APIs that it requires, meaning that all of these participants can theoretically implement them all differently. The result is a potential Gordian's Knot of complexity, giving system integrators an opportunity to be sure, while participants end up with nothing but massive headaches and large bills.
The good news: it doesn't have to be that way. Technology has come a long way in the last decade, after all. Today we have API management, mature integration technologies, and the scalability and resilience of the cloud -- all of which simplify the PSD2 compliance challenge.
On this webinar, digital transformation expert Jason Bloomberg, President of industry analyst firm Intellyx, will place PSD2 compliance into the broader landscape of modern IT, showing how even the knottier roadblocks to compliance can be easy to overcome with the right technology.
Next, Fiorano Software CEO and CTO, Atul Saini will explain how Fiorano API management eases and simplifies PSD2 compliance, and how the Fiorano Integration Platform with its distributed peer-to-peer architecture can support any PSD2 initiative, whether it be on-premises, in the cloud, or both.
|Date||:||December 5th, 2017|
|Time||:||9:00 AM EST / 2:00 PM GMT / 3:00 PM CET|
|Duration||:||45 mins followed by Live Q&A session|