This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In the four years since the second Payment Service Directive ...
Sanuj Bhatia, the managing editor at Pocketnow, is responsible for supervising and contributing to all the content published on the website, including news, reviews, features, and how-tos. He began ...
The PSD2 directive has been delayed, but will we be ready for it despite the extra time allowed? Will businesses be prepared? Are consumers even aware? And how will it affect us all? Processing ...
PSD2 is the second iteration of ‘Payment Services Directive’ (PSD), a European Union (EU) directive first introduced in 2007 to regulate payment services and payment service providers (PSPs). PSD also ...
While the payments industry scrambles to meet new standards for APIs, the FCA grants an extension for SCA compliance. In an effort to evaluate the readiness of banks to comply with the revised EU ...
Pursuing the principles of open banking, the Payment Services Directive 2 (PSD2) means that financial institutions must open up, among other things, APIs and customer account data to regulated third ...
With Silicon Valley in the West and Shenzhen in the East having long dominated the tech scene, Europe’s leaders have been calling on the need for the EU to achieve technological sovereignty. This ...
EU’s Proposed Revisions to the Payment Services Directive, and How They Compare to the UK’s Approach
On 28 June 2023, the European Commission (EC) published its proposals for both a revised Payment Services Directive (PSD3) and a new accompanying Payment Services Regulation (EU PSR). This package of ...
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 ...
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