Aiming at accelerating innovation and developing a unified payment services sector, the European Commission has adopted the Payment Services Directive (PSD2), which is expected to bring vital changes.

Under Article 74 of the Payment Services Directive (EU) 2015/2366 (“PSD2”), a payer may be required to bear the losses of unauthorised payment transactions up to a maximum of €50 provided the ...

The Payment Services Directive 2 is an EU directive that aims to enhance the safety of payments services in Europe while also encouraging healthy competition, innovation and the adoption of new ...

A bit more than 3 months ago, I submitted the blog "PSD2 - 10 questions I would like to see a clear answer on" (https://www.linkedin.com/pulse/psd2-10-questions-i ...

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 ...

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 ...

Hundreds of blogs and articles have been published about PSD2, all calling it a revolution in the banking and payment landscape. With the deadline of PSD2 roll-out (14th September) just passed, I am ...

The open banking requirements under the Payment Services Directive (EU) 2015/2366 (“PSD2”) are now in force, under which an account servicing payment service provider (“ASPSP”) must grant an ...

We're living in an interesting time for payments, with consumer and business behaviours shifting right in front of us. My predictions for the next three to five years is that card payment volume will ...

Merchants are looking for frictionless electronic collections directly from bank accounts and wish to benefit from cost, fraud and chargeback reduction. Fintechs seek open access to banking ...