Nov 01, 2024 • 3 minutes read

Unlocking Compliance. How Serbian banks can master PSD2 and Open Banking

Salt Edge hosts an Open Banking Seminar in Belgrade on November 7th, 2024.

Salt Edge, a global pioneer in Open Banking, announces its expansion into the Republic of Serbia, aiming to help banks comply with recent amendments regarding Open Banking.

Effective from May 6th, 2025, all Serbian banks will be required to comply with the provisions outlined in the Law on Payment Services (“Official Gazette of RS”, no. 139/2014, 44/2018, and 64/2024). This law mandates banks to provide Third-Party Service Providers (TPSPs) with secure access to customer account information through open APIs, facilitate payment initiation services, and ensure compliance with Open Banking standards to enhance competition, transparency, and consumer protection within the financial ecosystem.

In collaboration with the Association of Serbian Banks, Salt Edge will organise a seminar to share the global experience accumulated in the EU, UK, and other markets with Serbian banks, non-bank payment service providers, and fintechs.
The event will take place on November 7th, 2024, at Bulevar Kralja Aleksandra 86/2, Belgrade.
For more information, please contact: partner@saltedge.com

Agenda

  • Welcome and Company Overview
  • Overview of PSD2 (& PSD3) Provisions
  • Open Banking in Practice: Implementation Challenges
  • Presentation of Salt Edge Open Banking Solutions
  • Q&A Session
  • Coffee Break, Snacks, and Networking

Learning from others’ mistakes is a shortcut to success—a fitting approach for Open Banking adoption. Salt Edge is eager to share its global experience in Open Banking with Serbian financial institutions, helping them navigate compliance and develop valuable use cases in the Open Banking space.”

The financial sector in Serbia is faced with a great challenge in the implementation of amendments to the Law on Payment Services. Open banking is certainly a field we will have to master in the coming period. Therefore, it would be best to learn from those who have already mastered the matter and have seen that journey to the end.

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