Anticipating the challenges and opportunities of PSD2


Anticipating the challenges and opportunities of PSD2

“The early bird catches the worm”

We are seeing a clear increase in entities that either allow consumers to view their entire financial situation or to initiate payments themselves in an extremely user-friendly, personalized and realtime way.

Executive Summary

The EU has taken an important step toward integrating the payments market. Broadening its regulatory scope to include both traditional and emerging payment systems actors, the Revised Payment Services Directive (PSD2) creates a level playing field for all. This reflects recent developments in consumer spending trends, and provides affected stakeholders with a clear wakeup call. The payments market has shifted, consumers expect different services, and authorities are aligning their regulations accordingly. The text of the Directive creates both significant challenges and a wealth of opportunities—and it is not advisable to turn a blind eye to either. Understanding changes and reacting early will be key to yielding the best results.

PDF - 886 kb

Inside Magazine issue 12, June 2016

Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.

Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).

PDF - 15.7 MB
Did you find this useful?