PSD2 will fundamentally change the ways in which consumers will pay for items. For banks, it will open the door to a wave of competitors, require a lot of investment and has the potential to reduce revenue streams. However, Open Banking more broadly is a huge opportunity for the banking industry and if digital tools like IoT are utilised properly can lead to a frictionless customer experience.
The Internet of Banking and Payments Summit will look to bring together the payments eco-system, including: banks, retailers, device manufacturers and payment providers to discuss how IoT payments can be harnessed for frictionless customer experience in light of PSD2. The only event of its kind in the world; hear from over 40 industry speakers, network with over 200 peers and discover more about the potential of: wearables, biometrics, data analytics and management, ID verification, customer trust, security and designing a sophisticated user experience.