Tag: Retail

BNY Mellon’s Daniela Eder explains the effects of PSD2 on the payments landscape in FX-MM

Huge change is afoot in the payments space, as markets develop, customer needs evolve and technology capabilities advance. Concurrently, legislation must progress in order to remain relevant to the operating environment, and the introduction of PSD2 reflects the significant developments that have occurred in the retail payment market since the implementation of PSD1 in 2007. …

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