Tag: Third Party Providers

A New Playing Field: Deutsche Bank discusses the implications of the new European Directive on Payment Services (PSD2) in Flow Magazine

PSD2 is certainly not a minor update of the original EU Payment Services Directive (PSD1) established in 2007. It brings three major changes to PSD1: it widens the geographical and currency scope of predecessor regulation; it introduces higher levels of payment security and authentication; and finally, and perhaps most disruptively, PSD2 licenses third party providers …

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