PSD2 could revolutionize the EU’s finance sector — if banks and fintechs learn to get along

With Silicon Valley in the West and Shenzhen in the East having long dominated the tech scene, Europe’s leaders have been calling on the need for the EU to achieve technological sovereignty. This means having homegrown technology companies that are strong enough to compete with big tech players from abroad, making EU based businesses less dependent and giving the bloc a stronger position in shaping the future of tech.   With major fintech hubs developing in London and Frankfurt as well as new regulation changes that are speeding up collaboration between banks and fintechs, some believe Europe could become a global…

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