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PSD2 / GDPR

2019 is set to be a game-changing year for retail banking. As the PSD2 (Revised Payment Service Directive) becomes implemented, banks’ monopoly on their customer’s account information and payment services is about to disappear. The new EU directive opens the door to any company interested in eating a bank’s lunch. For a detailed time-line, when […]

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Based on the EU directive published in 2016, all EU-based institutions and entrepreneurs are obliged to store and work with personal data of their Customers (starting from May 2018) with highest care in order to protect Customers against violating their rights through free distribution of their personal data without their prior consent. This measure is […]

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