Demystifying PSD2

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
  • Third-party providers in the PSD2 world
  • Current PSD2-readiness levels of retail banks

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