PSD2 introduces two measures amongst others that potentially contradict each other and may limit their ability to hit the goals they set out to achieve: Payment Initiation Service Providers (PISPs) ...

Although PSPs—not merchants—are responsible for PSD2 compliance, the impact could be felt by merchants. Depending on their underlying contractual relationship, PSPs may, for example, refuse to process ...

A lot has been written about Payment Service Directive 2 (PSD2) and there will be more in the coming months. The regulation has been pictured as disruptive. On one hand it paved the way for new ...

The advent of PSD2 means banks have to up their game on interoperable access to data and transactions. But Open Banking faces an API challenge The European Union’s revised Payment Services Directive ...

Plans for the Revised Payment Services Directive (PSD2) did not come about quickly or without significant forethought. The plan updates the original Payment Services Directive — the December 2007 ...

Fraud has soared to record levels in the UK, with the national fraud prevention service Cifas recording 189,108 cases totalling £1.12 billion last year. In a bid to staunch the flood of crime, the EU ...

As the January deadline draws closer, realities of surviving in the post PSD2 are starting to dawn on banks. The Second Payment Services Directive (PSD2) becomes law in EU member states on January 13.

New security requirements for online payments will come into effect in Europe in September as part of the revised Payment Services Directive (PSD2), but they are also expected to make an impact in the ...

PSD2 is the second attempt by the European Commission to regulate the rights and obligations of payment services users and payment services providers (PSPs). Among the directive's aims is to level the ...