Big Firms Face Triple Regulatory Threat, Standards Council Warns

European authorities will target big companies after the passing of a trio of rules on payments, data protection and online security, according to the executive of a major compliance body.

Payments firms face greater compliance burdens, as well as hefty potential fines, under the revised Payment Services Directive (PSD2), the General Data Protection Regulation (GDPR) and the Security of Internet Payments guidelines.

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