You are viewing a single comment's thread from:
RE: psd2 could be great for open banking but also who picked that god damn name, what is this photoshop files v2? — an EU directive we will have after Brexit anyway?
Make no mistake, the new 'fintech app companies' are very close to 'real' banks with full FCA licenses, some will be very shortly. Your Revolut is currently applying for a full European Banking License in Lithuania for example. My beloved Monese is a banking 'service' registered with the FCA so these new challenger banks are leading the charge against the traditional banks. And it is with these new banks I trust :-)
Youre right about privacy of course, it's an illusion but it's an illusion that is fading slowly but surely just as long as we fight back and actually care about, and control what happens to our personal data !
Regards :-)
i ain't got nothing to hide, anything digital is lost straight away in my mind or can be manipulated -- at that stage do we simply get under the bed with our paper notes and FIGHT the power? dunno. i think it's just a game, a game where we take part and lose from time to time and celebrate the small wins :)
also 'Lithuania' and 'Banking' is not something that falls of the tongue easily! lol.
lol...Monese uses Estonian banks.....what will happen after Brexit is anyones guess but it will be sad if it forces the fintech scene out of the UK.