PSD2 vs ISO 27001

Developers should learn PSD2 when building or integrating financial applications, such as fintech platforms, banking apps, or payment gateways, to ensure compliance with EU regulations and leverage open banking opportunities meets developers should learn iso 27001 when working in roles involving cybersecurity, compliance, or data protection, such as in finance, healthcare, or government sectors, to ensure software and systems meet security standards. Here's our take.

PSD2

Nice Pick

Developers should learn PSD2 when building or integrating financial applications, such as fintech platforms, banking apps, or payment gateways, to ensure compliance with EU regulations and leverage open banking opportunities

Pros

• It is crucial for implementing secure authentication flows, accessing bank APIs for account information or payment services, and developing innovative financial products that rely on real-time data sharing
• Related to: open-banking, api-integration

Cons

• Specific tradeoffs depend on your use case

ISO 27001

Developers should learn ISO 27001 when working in roles involving cybersecurity, compliance, or data protection, such as in finance, healthcare, or government sectors, to ensure software and systems meet security standards

Pros

• It is essential for implementing secure development practices, conducting risk assessments, and aligning with regulatory requirements like GDPR or HIPAA
• Related to: risk-management, cybersecurity

Cons

• Specific tradeoffs depend on your use case

The Verdict

These tools serve different purposes. PSD2 is a concept while ISO 27001 is a methodology. We picked PSD2 based on overall popularity, but your choice depends on what you're building.

The Bottom Line

PSD2 wins

Based on overall popularity. PSD2 is more widely used, but ISO 27001 excels in its own space.