PSD2 - Challenges and Opportunities for the CIO

Article

PSD2 - Challenges and Opportunities for the CIO

Executive Summary

Introduction to PSD2

The revised Payments Services Directive (PSD2) follows in the footsteps of PSD—adopted in 2007—and is a fundamental step in implementing the SEPA (Single Euro Payments Area) directive. The original PSD aimed to regulate payment services provided by banks as well as payment and e-money institutions, which are formally called Payment Service Providers (PSPs). Following the vote to adopt the new revised directive, the European Commission highlighted that the new legislation focuses on making payments throughout Europe safer and more secure, and enables innovation by allowing new payment services to enter the market.

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Inside magazine issue 13, October 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).

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