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PSD2: a chance for meaningful change in payments

PSD2: a chance for meaningful change in payments

 

The initial EU Payment Service Directive – published in 2007 – was established during a markedly different payment environment from today. There’s a clear need for a revisit, not least in response to the industry’s growing need for enhanced transparency and security. Yet, PSD2 – while first and foremost a regulatory evolution – will also create opportunities to foster industry competition that will, in turn, augment the payment infrastructure.

 

Discover the full article by Deutsche Bank here.