IPA Webinar: Open Banking Has Come to the EU, What Can it Teach the U.S.?

European bank customers soon will be able to share their banking information with payments apps, p-to-p services, and other Fintech companies thanks to the European Union’s Revised Payments Service Directive, also known as PSD2, with requires banks to enable customers to share their bank data.

This idea may come to the U.S. in the near future, so understanding what is happening around the world can give companies an advantage on their competition.

David Parker, of UK payments firm Polymath Consulting, will explain what the PSD2 regulation in and what it means for banks in a special IPA webinar.

Topics covered will include:

• What is the European PSD2 open banking regulation?
• If it is called open banking why does it apply to more than just banks and who to?
• What have Financial Institutions got to do to comply?
• How does it work with consumers?
• What sort of access to data do we have to give and who to?
• How do we protect ourselves from GDPR fines?

Join us on March 28^that 11 a.m. to learn about how banks and other financial services companies are interacting around the world. IPA members please log into the members' only site to register for the free webinar.