Kaarle works as a Head of Open Banking at Tieto Financial Services. He has almost 20 years of experience working with various industries in IT and product development. With 10 years in sales and business development roles in different industries and working with technology giants like Google, Sony and Samsung, Kaarle gained a good visibility over the transformation towards open apis and platforms. In Financial Services, Kaarle has been working with various areas, such as leading the development of omnichannel services and driving the Siirto eCommerce payments ecosystem initiative with representatives from 20+ companies.
There has been a lot of talk about the complexity of the Payment Services Directive (PSD2) APIs and lack of standardization. This is why I wanted to share real-life experiences working with banks’ PSD2 interfaces in the Nordics. More
Sweden is already a leader in digital payments. Account aggregators, such as Tink, have 500k users. In Finland, Siirto enables you to make payments on accounts you have in other banks than your wallet provider. Some might say that PSD2 as such will not be a huge game changer. But in fact, the impact of PSD2 goes way beyond the mandated APIs towards open banking. More