Psd2 And Open Banking PowerPoint PPT Presentations

API PSD2 Open Wealth

APIs are a set of protocols figuring out how larger than a few software elements and factors want to communicate. They are used to discussing with each other. Due to the great utilization of open banking now, the use of APIs in fintech has become mainstream and is being used to scenario instructions to third-party providers.

The global digital payments market, encompassing both mobile and online payments, has experienced exponential growth. As of 2023, the online payment market size is estimated to be around $6.7 trillion, with projections indicating a compound annual growth rate (CAGR) of 20.5% over the next five years

The global digital payments market, encompassing both mobile and online payments, has experienced exponential growth. As of 2023, the online payment market size is estimated to be around $6.7 trillion, with projections indicating a compound annual growth rate (CAGR) of 20.5% over the next five years.

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The global fintech market is expected to expand at a CAGR of xx% during the 2018-2023 period, and reach a value of USD xx Bn by 2023.

Browse PSD2 and Open Banking Industry research report at http://goo.gl/oya4A3. Directive on Payment Services 2 (PSD2) will accelerate the fragmentation of Europe's retail banking industry following the global financial crisis. The opportunities brought about by PSD2 will energize banks with strong brand awareness and advanced digital offerings into pushing the boundaries of open banking.