..The EC has adopted the final text of the RTS, which includes amendments on the EBA draft RTS following “back and forth” between the EC and the EBA. ..While France, Germany, Italy, and the United ...

The revised payments services directive (PSD2) has been the European Union’s open banking buzzword since it came into force on 01 January 2018 (albeit with some implementation delays). Already we have ...

Europe’s Revised Payment Service Directive (PSD2) has yet to come into effect, and some of its guidelines remain in consultation. The EU is also gearing up for additional, overlapping regulations that ...

Because banks, fintech firms, merchants and payments processors in the European Union have struggled to meet the Sept. 14 deadline for compliance with the new PSD2 "strong customer authentication" ...

PSD2 obliges ASPSPs including banks, e-wallets, prepaid cards and other companies that offer payment accounts to provide at least one channel for secure communication with third party providers (TPP).

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 ...

HM Treasury has today published a consultation paper and draft Payment Services Regulations 2017 for a short 6 week consultation period ending on 16 March 2017. The consultation paper states that the ...

Plans for the Revised Payment Services Directive (PSD2) did not come about quickly or without significant forethought. The plan updates the original Payment Services Directive — the December 2007 ...

The last date for implementation of PSD2 – 14 September 2019 - is now well past us. And the European Banking Authority (EBA) acknowledges that some merchants may face difficulty implementing the new ...