Posts Tagged: European Union

PSD2 Sanctions Access to Personal Banking Data, Amplifying FinTech Growth

On the European FinTech stage, forthcoming initiatives and regulations will both disrupt and foster innovation in the banking sector of the API economy. The most significant of these is the Payment Services Directive 2 (PSD2), a new regulation that will apply across the European Union and is likely to result in a huge increase in the number of APIs for banking products. Read more

Privacy Laws and International Data Exchange: Comparing EU and US Standards

In the data world, every second, millions of lines of data are transferred containing personally identifiable information, passwords, profile contents, and authorization systems. These lines of data are collectively protected by a variety of laws, each interlocking to form a network of often confusing and contradictory limitations and protections. Read more