Traineeship assignment: PSD2 as gamechanger
You are new to the world of PSD2, and a lot of information is coming at you. How do you manage to find your way through this world? Not only our customers are facing this question, but we as Young Professionals from Enigma Consulting and Rabobank are also facing this challenge. The implementation of PSD2 was the perfect opportunity to look into the changing payments landscape. We spoke with several relevant players and combined earlier research with our own findings. As a result of this, two reports have been produced in which our first insights on PSD2 and the latest trends in the payments market are described. What is the impact of PSD2 exactly? Is it a guideline that only banks and financial institutions have to deal with? Or does it also have implications for you and me, as entrepreneur and consumer?
Are you curious what our findings are? Read the reports from our Young Professionals below:
PSD2: De evolutie van het betaallandschap (report is in Dutch)
The advent of PSD2 lead to major shifts in de payments domain. Apart from new payments services and new regulation, also new parties will enter the payments market. For all the major players within the payments market, it is important to be aware of the latest developments since this is the moment where parties can distinguish themselves from others. In this report, we will further discuss these developments and players within the payments market.
A new dawn: The future of banking propositions with PSD2
PSD2 is the absolute trigger for banks to think about their strategic positioning within the new playing field. Banks could hand over a part of their product portfolio’s to TPP’s while enlarging their own offerings. Banks use three Open Banking-archetypes, namely: distributor, aggregator and orchestrator. Each archetype has its own specific effect on the product portfolio of a bank and improves the relevance of a bank within the financial market. In this report, we further discuss the archetypes as well as how they are used and implemented.