PSD2 Payment Account Access Services: SEPA interoperability revisited?

2016-11-16T10:46:32+00:00September 16th, 2014|Categories: Next Payments, Payments, Standardisation|Tags: , , , , , , , , |

Reading up on the latest developments in PAAS I experienced a very strong deja-vu feeling: the banks are not in a position, nor do they want to be apparently, to create a common interoperable standard together while true interoperability is critical to the success of PAAS. I have seen this happening all before with SEPA CSM interoperability (see Half-baked CSM interoperability, SEPA: a Missed Opportunity for True Payments Standardisation). Will history repeat it self again?