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The new regulation set to revolutionize the banking industry

Anne Boden

Anne Boden, CEO of Starling Bank, explains to Hot Topics Contributing Editor, Tim Green, how consumers will benefit from PSD2 regulation.

2018 is set to change retail banking as we know it. As the PSD2 regulation (Revised Payment Service Directive) becomes implemented, banks’ monopoly on their customers’ account information and payment services will disappear. Transparency will be key. Anne Boden talked us through the changes, and the potential benefits for consumers.

This interview was conducted as part of a media partnership between Hot Topics and Money 2020 Europe.