
Karina McTeague speech on retail banking and payments at the PayExpo 2017
By Financial Conduct Authority UK
In this 2017 keynote at PayExpo London, Karina McTeague, then-Director of Retail Banking Supervision at the FCA, outlined a "paradigm shift" in the UK financial landscape driven by the implementation of the Second Payment Services Directive (PSD2). McTeague characterized payments as no longer being a banking "backwater" but a primary frontier for innovation.
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