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Impact of PSD2 regulations on banks, regulators and FinTechs
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The proposed Payment Services Directive II (PSD2) set by the European Commission in 2013, is expected to be implemented by all member states into law by January 13, 2018. Its main objective is to ensure enhanced consumer protection, safe payments and encourage innovation. However, some see these new regulations as obstacles against providing innovative solutions for banking.

 

What are PSD2 regulations?

These are the new European Union banking regulations which will govern the protection and sharing of data across Europe. The regulations will give non-banking third parties such as...

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