Landsbankinn chooses Salt Edge to become PSD2 compliant

Landsbankinn, the largest Icelandic bank, has joined forces with Salt Edge, a pioneer in open banking, to comply with Icelandic law on the PSD2 legislation. The new Act on Payment Services, which transposes the European PSD2 into Icelandic law, entered into force on November 1, 2021, and will take full effect on May 1, 2022. Once the regulation accompanying the Act is fully implemented, banks and fintechs will get authorised...