Exploring The Business and Technology Implications of PSD2

The aims of the European Commission's revised Directive on Payment Services (PSD2) are clear. It is designed to enhance consumer protection and convenience, improve the security of payment services and promote innovation and competition. While these aims are simple to express, the implications of PSD2 for payments industry participants, both established and new, are wide-ranging and complex.

Now that the PSD2 has finally arrived the pressure is on for impacted institutions to formulate and execute their strategic responses to the changes PSD2 will bring.