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Mastercard unveils solutions to underpin open banking transformation

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Mastercard unveils solutions to underpin open banking transformation

New services will enhance trust and facilitate interactions between banks and third parties to enable both to better serve consumers and businesses

Waterloo, 5 June 2018 – Mastercard announced today that it is developing a new suite of services to underpin the transformation taking place in the industry as partners ready themselves to take advantage of Europe’s PSD2 legislation. With trust and security major pillars of the open banking ecosystem, Mastercard’s new services will make it easier for banks and third party providers to work together, enabling open banking to excel.

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