What really matters in Open Finance?
Salt Edge’s Chief Sales Officer Stephen Winyard and Chief Product Officer Ilya Dragan ask whether open banking has delivered on its promise and unpack why “open finance” still has no clear definition. They cover the limits of PSD2, what PSD3 and PSR need to fix, why consumer protection and dispute resolution for account-to-account payments remain unresolved, and the potential of Variable Recurring Payments (VRPs). They also discuss data privacy and user control, inclusivity for small merchants, and cross-border payments as the biggest bet for the next five years.
Stephen Winyard
Ilia Dragan