Fintech Podcasts

Data sharing – is the glass half-full or half-empty?

John Best and Glen Sarvady discuss PSD2 – what it does, how it works, how it aims to spur innovation, and the related acronyms you need to know.

Glen Sarvady and I decipher the EU’s groundbreaking new PSD2 regulation, discuss the prospects for similar US legislation, and debate the pros and cons of sharing transaction data with non-banks. Also, how PSD2 can lead to decentralisation, disintermediation, loss of revenue and the start of banking as a platform, as well as innovation, competition and new options for customers and new, recurring revenue streams.

You can listen to more episodes of BIGcast, and other fintech shows, on the BankNXT podcast page. Enjoy!

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– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. Read more here. Photo by Pavel Kubarkov, Shutterstock.com

About the author

John Best

John Best, CEO of Best Innovation group, is recognized as a thought leader and visionary of technology advancements and financial application development within the credit union industry. He is the founder of the BIG Podcast.

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