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FCA comments on the agent-principal relationship for Account Information Service Providers
A Service Provider’s Guide to Open Banking
By now, even people just remotely interested in financial services technology must have come across numerous news posts, social media hashtags (#openbanking #fintech #psd2) to very thought-provoking but jargon-filled white papers about Open Banking & Payment Services Directive 2 (“PSD2"), and the magnitude of disruption to the banking ecosystem as we know it. All sounds well and great, but most articles focus on What and When of Open Banking and idealistic changes.