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The PSD2 requires that all such third-party payment services providers be authorised and regulated. It authorises the relevant authorities to monitor and supervise their activities. The PSD2 sets rules for access to payment accounts for third-party payment service providers.
Learn about the EU regulation of payment services and providers, including the revised PSD2 that aims to promote innovation and consumer protection. Find out the history, objectives, scope, updates and issues of the PSD and PSD2.
PSD2 is a EU directive that regulates payment services in the internal market, amending and repealing previous legislation. It aims to foster innovation, security and consumer protection in electronic payments, and applies to various types of payment service providers and products.
PSD2 is a regulation that aims to promote competition and consumer protection in the EU payment market. It requires banks and other providers to implement open API, strong customer authentication, and other security measures. Learn about the compliance requirements, timeline, exemptions, and penalties of PSD2.
PSD2 is a European directive that aims to improve online payments and transparency. Learn how it affects you, your bank and your money transfers abroad.
What is PSD2? The Payment Service Directive 2 (PSD2), also known as The Revised Payment Services Directive, is a European Union regulation designed to create a more open, competitive, and secure payments landscape. Complying with PSD2 requires payment providers, banks, and merchants to implement Strong Customer Authentication (SCA).
PSD2 is a European regulation that makes online payments more secure and competitive. Learn what PSD2 is, how it impacts the financial industry, and what businesses need to do to comply with it.
Everything you need to know about PSD2 PSD2 is a European regulation for electronic payment services. It seeks to make payments more secure in Europe, boost innovation and help banking services adapt to new technologies. PSD2 is evidence of the increasing importance Application Program Interfaces (APIs) are acquiring in different financial sectors.
Learn how PSD2, the European directive for redefining the payments ecosystem, can catalyze innovation across payments services and client distribution channels. Discover how J.P. Morgan is investing in technology and APIs to offer new services and insights to merchants and treasuries.
The Commission proposes amendments to the second Payment Services Directive (PSD2) to improve consumer protection, competition and innovation in the EU payments market. The revision aims to strengthen fraud prevention, access to payment systems, open banking, consumer rights and cash availability.