Nocashevents EBA report assesses impact of FinTech on payment institutions’ and e-money institutions’ business models

EBA report assesses impact of FinTech on payment institutions’ and e-money institutions’ business models

Most institutions are adapting their business models to cope with the competitive pressure and embrace PSD2 changes, while some of them may in parallel embrace the positive impact of FinTech. In the medium to long term, a number of factors will define the transformation of institutions’ business models: (i) the progress of Open Banking and APIs, facilitated partially by PSD2, (ii) the level of implementation of innovative technologies and (iii) […]