PSD2 Archives - Core Banking Software Solution & Wallet Engine

Payment Services Directive 2 (PSD2) Countries

Written by Alex Malyshev on Aug, 12, 2020

What is PSD2? PSD2 is a European regulation for electronic payment services. It seeks to make payments more secure in Europe, boost innovation, and help banking services adapt to new technologies. PSD2 is evidence of the increasing importance Application Program Interfaces (APIs) are acquiring in

European banking system and PSD2 progress

Written by Alex Malyshev on Jun, 14, 2019

PSD2: Background and progress PSD2 and Open Banking are the two concepts being heavily discussed by market participants, experts and all the interested parties since first offered in 2013. We have also previously spoken on the subject. But the more time passes the more interesting it is to watch

Is there a real contradiction between GDPR and PSD2?

Written by Alex Malyshev on Oct, 19, 2018

GDPR: Protecting consumer data On 25th may 2018, the new GDPR laws established by EU commissioner pertaining to EU economic area and European Union citizens and residents came to life. The new rules announced two years prior, promised steep penalties starting at $10million or 2% of annual

Open Banking Report 2018 by the Paypers is the ultimate source of thought-provoking insights by the leading voices of FinTech

Written by Alex Malyshev on Oct, 01, 2018

Though in Europe there are more than 6000 credit institutions, banks, financial companies, and more, top payment consultancy INNOPAY has listed only 32 banks who work with Open APIs. SDK.finance's core banking technology team headed by our CTO, Pavlo Sidelov decided to perform our own analysis of

“Why we stopped selling to banks and decided to focus on FinTechs” by Alex Malyshev, CEO of SDK.finance

Written by Alex Malyshev on Apr, 21, 2018

Since 2015, we’ve accumulated a wealth of experience and communications with banks from different European countries such as the Netherlands, Poland, Ukraine, the Czech Republic, France, Ireland, Baltic states, and more. In 2016, our hypothesis was that we would jump onto the bandwagon of PSD2