The details about the implementation of the revised Payment Services Directive (PSD2) are nearly finalised: the European Banking Authority recently released the final draft Regulatory Technical Standards on strong customer authentication and common and secure communication under PSD2. Now is the time to really understand all the details of PSD2, the jargon and its implications.
The EPC infographic is a great starting point:
Source & Copyright©2017 - EPC
CTMfile take: Great work EPC, congratulations on this infographic. Corporate treasurers: print it out and stick it on your wall, this really will change how your cash flows.
- This item appears in the following sections:
- Payments - Bill Collection
- Accounts Receivable Management
- Billing Systems & e-Invoicing
- International Bill Payments
- Payments - Collecting at POS
- Card Payments at POS
- Collecting Payments on the Internet
- Payments - Making
- Accounts Payable Management
- International Payments
PSD2: 3 pillars that will change European banking in 2018
A report by management consultancy firm Roland Berger outlines some of the challenges that the second Payments Service Directive (PSD2) poses to financial institutions
PSD2 survey highlights concerns around reporting and compliance
More work is needed to iron out concerns regarding the revised Payments Services Directive (PSD2), with several areas of concern highlighted in an EBA survey.
PSD2: Key facts for European treasurers
PwC Italy has published an interactive webpage explaining the Payment Services Directive (PSD2) 'in a nutshell'.