Felix Haeusler was Consultant in the Practice Group Payments at zeb. The focus of his project work was related to strategic and organizational topics such as organizational structure, operations, regulatory, IT and governance.
Open Banking—far more than PSD2
Open Banking refers to the practice of securely sharing financial data, subject to customer consent. The exchange of data between the bank and authorized third parties (such as financial institutions, fintech companies and enterprises that are not necessarily active within the financial sector at present) is enabled via so-called Application Programming Interfaces, in short “APIs”.