Deep Dive - The EU’s revised Payment Services Directive (PSD2)
Every so often, there is a change is government regulations that makes you stop and think, “This will change everything!” The EU’s revised Payment Services Directive (PSD2) is proving to be one of those times. What exactly is PSD2? It requires Europe’s banks to offer third-party providers greater access to customer data and payment infrastructure and gave banks until 2018 to comply with its mandates. The European Parliament hopes that PSD2 to make it easier, faster, and less