Fintech

It is arguable that the competition within the financial sector will be dramatically increased, due to the introduction of PSD2, technological innovations and changing customer demands. 

The belief that non-bank FinTech companies will play a significant role in the future financial landscape is well established in the investments markets. Cumulative investments globally in financial technology has more than ten-doubled the last five years and is estimated to exceed $150bn the next 3-5 years9.

https://www.finextra.com/blogposting/16647/open-banking-aisps-and-pisps-explained