PSD2: Regulator Leaves Polish Banks Scrambling On 'Fallback' Interface

A surprise statement from the Polish regulator has left banks and payment firms facing difficult decisions around whether or not to provide a “fallback” interface for third-party account access.

Under regulatory technical standards that take effect across the EU on September 14, banks must provide the means for authorised third-party providers (TPPs) to gain access to customers’ accounts. The standards are the final part of the revised Payment Services Directive (PSD2).

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