International Business Times interviews Tom Hay and Richard Dear

13 February 2017

 London, 13 February 2017, International Business Times

 

Apple, Facebook and Amazon primed for PSD2 demolition of the card networks

 

 

Quite often people talk about the fabulous opportunities that open APIs at banks will create for small, innovative fintech startups. What has been less discussed, particularly in the early days of PSD2 (Payments Services Directive), was how large internet companies like Google, Apple, Facebook and Amazon (GAFA) were likely to respond.

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