Fintech startup Meniga is one of Europe's leading bank service providers; the firm has developed solutions including software that connects legacy banking tech infrastructure with modern APIs for new digital customer experiences; it also offers banks technology solutions for complying with P2D2 regulations; it is working with some of the world's largest banks to integrate digital solutions. Source
Georg Ludviksson, the head of Meniga, a digital bank that was started in Finland back in 2009, says that banks are at risk of losing the top spot among their customer base; tech giants like Google, Facebook and Alibaba are placing themselves between banks, and their customers are no longer seeing their traditional bank as the go to place for financial services; Georg Ludviksson also points out that the coming PSD2 regulation will shift the balance of power from banks to the customer and that the regulation has the potential to transform banking in Europe. Source