Nikola Jelicic is Senior Manager and co-lead of the practice group Payments. In his role, he is leading strategic international projects with a focus on business and operating models and cost reduction initiatives.
Open Banking—far more than PSD2
Open Banking refers to the practice of securely sharing financial data, subject to customer consent. The exchange of data between the bank and authorized third parties (such as financial institutions, fintech companies and enterprises that are not necessarily active within the financial sector at present) is enabled via so-called Application Programming Interfaces, in short “APIs”.