On the 6th of February we attended the Berlin Group’s NextGen PSD2 meeting in Nuremberg. This meeting has been enlightening and covered many aspects of this new regulation. During the discussion emerged the problem of a European standardization of the banking system, and the conclusion drawn was that it would not be possible to standardize all Europe because of the many differences and facets of the continent. It was then concluded that it is fundamental to know the Domestic Product of each country which could lead to a standardization and a generic approach. It was then highlighted that it is essential to solve the problems that currently TPP and banks find.

Well, it seems there is still a lot to figure out, but working together as a team will definitely make the future happen!