The revised payment services Directive (EU) 2015/2366 gives traditional banks a lot to think about. The Fiorano PSD2 Accelerator is designed to help banks implement the technology and security required to deliver ASPSP interfaces in a compliant and quick manner, covering XS2A, SCA and CSC.
The European Union is simplifying online electronic payments across the banking value-chain with the Revised Payment Services Directive (PSD2). The benefits of the regulation to end-customers coupled with increased competition and innovation across the industry driven by Open Banking makes for crucial changes to the banking sector with interest from a global audience. PSD2 not only simplifies electronic payments but also mandates critical organizational changes across the entire retail-banking value-chain.
In this paper, you'll learn about:
Implications of PSD2 from an end-user standpoint
How PSD2 simplifies payments and impacts the overall retail banking value-chain