EU OpenBanking Case Study

The move to the digital marketplace is no longer an aspiration, but is a necessity for financial institutions to stay relevant or competitive. As part of this evolution, new risks need to be considered in relation to regulatory compliance, privacy, liability and a new attack surface for cyber criminals. Success in this new era will be dictated by banks and FinTech’s which maximise API integration with third parties in a secure manner.

This paper explores some of the fundamental changes that underpin PSD2 and the security model that is changing with it.