Awareness of the EU new PSD2 and sharing financial data in Italy 2019

In some parts of the world, it is possible for financial providers to access your financial information held by other companies*: were you aware they could do this?

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Source

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Release date

May 2019

Region

Italy

Survey time period

January 30 to February 11, 2019

Number of respondents

1,000 respondents

Method of interview

Online survey

Supplementary notes

* The question refers to the European Union’s new Payments Services Directive, or PSD2, which sets a legal groundwork for the sharing of financial data including consumer protections. Open Banking is an innovation which enables financial service providers to access an individual’s financial information held by another organization if their permission is given, and is an example of the potential impact of PSD2. There are many possible benefits to this form of data sharing: one example would allow financial information in different places to be combined and viewed within a single interface so that consumers can view all their accounts in one place.
Percentage points exceeding 100 percent are probably due to rounding.

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