PSD2 was supposed to change the way we bank and pay – but has it really changed anything?

It's already two years into the execution and we are wondering: where are the fluent APIs, speedy transactions, and plethora of fintechs using the interfaces to incumbent banks? The position of BigTechs is emerging fast and there are gaps to fill in the open banking scene.
In this webinar, we will take a look at the Nordic and UK landscapes for open banking, possibilities for using banking as a service, and ponder on how BigTechs are taking leaps into the financial sector - discussing how banks should react to this disruption.

​​​In this episode, Sirpa Nordlund sits down for a fireside chat ​with two fantastic guest speakers from the industry: Kasper Sylvest, Head of Infrastructures and industry engagement at Danske Bank, and Xavier Herrero, Manager of Operations Groups & Development of Banking Services, CaixaBank.

McKinsey​* ha​s called it the next $20 billion market and the growth is staggering. Digital identity has obvious benefits and the business case has been proven many times over, yet many countries are lagging behind in digitising the financial sector. Why is that and what will this do to banks’ competitiveness over time? How can we break down the chicken & egg problem that exists in this market through smart use of availab​le technology combined with ecosystem thinking?

There are several obstacles to overcome in realising the business case of digital identity for the banks, but time is running out as both global technology players and the payment schemes are moving fast to capture this market. Losing the battle for digital identity can also mean losing the customer interface over time, so there is no time to lose.​​​​

In this webinar, digitisation expert, Thomas Voksø, and industry opinion leader, Sirpa Nordlund, discuss the importance of digital ID in banking today and the obstacles to overcome.

Read more about the webinar here.

Presenters:
Peter Rosenlund, Senior Manager, Card Processing, Nets
Sirpa Nordlund, Head of Industry Engagement & Country Director, Finland, Nets

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