One of the goals of PSD2 is for customers to benefit from a myriad of new and useful services. But if they have concerns about fraud, or their data being used without permission, they might see it as a risk that’s just not worth taking. As a result of PSD2, banks will lose their privileged access to customer data.
New FinTechs are entering the market, that are often ideally positioned to make full use of this data. 3  Fout! Onbekende naam voor documenteigenschap. One of few competitive advantages that banks have, is they enjoy a stronger position of public trust than FinTechs do.