Infographics: PSD2 explained

In less than a year, the revised Payment Services Directive (PSD2) will be implemented across the European Union member states. The main goal is to create a more uniform, transparent and open EU payment market that keeps innovation, competition and security to the fore. This nifty infographics, created by the …

Blockchain for finance is ‘a decade away’

fnlondon.com – Despite the “hype” around banks’ development of distributed-ledger technology – known as blockchain – it will take at least 10 years for it to transform financial services. That is according to Veronica Lange, the head of innovation at UBS. Speaking during a panel discussion at the Innovate Finance …

An earthquake in European banking

IN BRITAIN alone millions of people make formal complaints each year about their banks. For them, Sebastian Siemiatkowski, founder of Klarna, a Swedish payments startup, brings good news. New European rules, he says, will open the door to a host of innovative services that analyse transactions, so “an app could …

Why EBA hasn’t understood PSD 2!

finextra.com – On Monday 27 March 2017 the European Parliament’s Committee on Economic and Monetary Affairs held a Scrutiny Session on the Final Report on Draft Regulatory Technical Standards on Strong Customer Authentication and common and secure communication under Article 98 of Directive 2015/2366 (PSD2).