Traditionally, banks and other financial institutions have held a monopoly over their customer’s account information and payment services. Many of these financial institutions have invested in digital innovation to provide modern experiences via their websites and mobile applications. However, for the most part, consumers don’t have a choice in how they can access their banking services. 

PSD2 and Open Banking will open up the market to new entrants to give consumers more flexibility and choice on how to manage and spend their money.

Download this whitepaper to learn more how Okta can help with your PSD2 and Open Banking initiatives.