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Ep221 – Orange is the New Bank
Is PSD2 an opportunity or a headache for banks? FinTech Insider News guest Ben Robinson says we’re still underestimating the magnitude of what the regulators are asking banks to do, “which is basically to put their inventory online. Asking banks to give up their transactional data is like asking Google to give up its metadata. You can see why banks wouldn’t want to.”
Also in the news, Monzo’s crowdfunding (and outage); our new favorite rap song; and Orange is the new bank.
Please note, we do not produce Fintech Insider, we merely are fans and repost it!
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