U.K.’s Starling Bank is embracing the PSD2 changes in finance with the launch of its Marketplace platform.
The platform was unveiled today. It allows users to browse services from other, third-party fintech providers, which could eventually include existing Starling partners like TransferWise or MoneyBox.
Essentially, the idea is that users will be able to complete tasks from other, alternative fintech partners (and eventually lifestyle partners, according to Starling) without leaving the Starling app.
Rewards and receipt provider Flux will be the first company to be integrated onto this platform. It will send real-time, itemized receipts to the Starling app whenever a user pays via Starling at a partnered retailer or restaurant.
Read more at TechCrunch and Finextra.