There are three ways of relating to innovation: reacting, supporting or anticipating it. Even when innovation is triggered by a widely announced directive, as in the case of PSD2, which has definitively opened the banking market, allowing the disintermediation of services no longer tied to a single provider.

Fabrick’s team was the first in Italy to be found ready when PSD2 came into force, thanks to new organizational methods in the financial landscape. The secret to being ready is to leave early, as it was done for one of the flagship products of Fabrick’s offer, Personal Financial Management (PFM).

PFM is a software for personal financial management, a tool that allows you to customize and modify easily the flows of financial data in a highly evolved way. An instrument that had its usefulness even before the new Directive, but which in the aftermath of the adoption of PSD2 has significantly increased its importance.

Our PFM had space even where there was no PSD2, but the new openness makes everything exponential, because PSD2 makes account aggregation finally possible, the possibility of viewing and managing within a single application all the current accounts of the same end customer, even of these are at different banking institutions.