What role can a bank play in urban management? Can it contribute in any way to its traditional financial function? The answer is yes. In this article we explain how data APIs, and specifically Paystats, are driving the advance toward smart cities.
Under PSD2, all access by third parties to customer personal data, with a view to providing their own services, must not impinge on two key aspects of banking operations: privacy and security. We look at some of the conditions now imposed on TPPs that traditional banking operators were already subject to.