Solutions
PSD2 Independent Assessment
Given the increasing need for electronic payments regulatory harmonization and to implement consumer protections, the EU has introduced the Payment Service Directive 2 – PSD 2. The focus is on improving transparency and security. It requires informing the customer of conditions and required information for payment services. Additionally, it calls for strict security requirements to protect the customer’s financial data and to lessen the risk of fraud. This directive significantly affects payment providers, requiring the sector to lean a new way of entering payments.
Key Impacts
BANKS |
PAYMENT PROVIDERS |
OTHER PARTICIPANTS |
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PSD2 independent assessment
Scope of PSD2 independent assessment
How we do it?
Evidence request
Report release2-3 weeks before the start of the assesment we provide our preliminary list of evidence request
Indipendent assessment
We carry it out according to our PSD2 work program. The project will be delivered in a competitive time span of 4 to 6 weeks The system is then tested and the controls are assessed on a design and implementation level
Report release
A fact-finding report is provided and includes:
- Introduction (scope, approach, methodology)
- Executive summary
- GAP analysis
Our services
Deloitte can support you with the end-to-end execution of PSD2 independent assessment. Due to our experience in information security and the financial industry, we will be able to provide the service with the highest standard of quality.
Why Deloitte
Professionals from Deloitte have an excellent track record in serving clients regarding the PSD2 Directive. Our consultants will guide payment providers through the whole directive and subsequently conduct reviews of the implemented processes. We will further notify you with the latest development regarding the PSD2 directive.
