Under Article 74 of the Payment Services Directive (EU) 2015/2366 (“PSD2”), a payer may be required to bear the losses of unauthorised payment transactions up to a maximum of €50 provided the ...

The PSD2 directive has been delayed, but will we be ready for it despite the extra time allowed? Will businesses be prepared? Are consumers even aware? And how will it affect us all? Processing ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

We're living in an interesting time for payments, with consumer and business behaviours shifting right in front of us. My predictions for the next three to five years is that card payment volume will ...

As we transition into a cashless world of electronic transfers, web payments and blockchain, where does that leave us? Professional services firm PwC is dissecting what we can expect in a post-PSD2 ...

With Silicon Valley in the West and Shenzhen in the East having long dominated the tech scene, Europe’s leaders have been calling on the need for the EU to achieve technological sovereignty. This ...

Despite the ‘digitalisation’ theme of PSD2, PSP businesses will now have to provide monthly account statements on paper or a “durable medium” Hopefully, it hasn’t escaped anyone’s notice that the ...

The open banking requirements under the Payment Services Directive (EU) 2015/2366 (“PSD2”) are now in force, under which an account servicing payment service provider (“ASPSP”) must grant an ...

Pursuing the principles of open banking, the Payment Services Directive 2 (PSD2) means that financial institutions must open up, among other things, APIs and customer account data to regulated third ...

September will see the introduction of a directive for payment standards and security, but how ready is the world for PSD2? Dan Raywood investigates. Mid-September will see the final introduction of a ...