Regulator Guidance On PSD2 And eIDAS Helpful, Says Industry

New European Banking Authority (EBA) guidance has helped clear up “confusion” around how the EU electronic identification regime will work for third-party providers (TPPs) gaining access to customers’ accounts.

The authority published an opinion earlier this month on the interaction between the revised Payment Services Directive (PSD2) and the eIDAS Regulation, which covers electronic identification, authentication and trust services.

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