Skip to main content
Google Tag Manager
Sign up to emails
Request a trial
PSD2 Insights & Analysis
In Depth: Australia And New Zealand Pave Way For Global Open Banking Harmonisation
11th Mar 2019 | Written by:
Payments bodies in New Zealand and Australia are examining ways to adopt common standards in open banking regimes shaping both jurisdictions, as ambition for closer international cooperation ...
Industry Welcomes EBA Ruling On Recurring Payments
6th Mar 2019 | Written by:
Industry experts have welcomed the recent announcement by EU authorities that recurring card payments will not be subject to onerous security requirements, drawing a line under an issue which...
New Code Protects Consumers With Or Without CoP, PSR Boss Says
4th Mar 2019 | Written by:
Hannah Nixon, the head of the UK's Payment Systems Regulator (PSR), has defended the delayed introduction of anti-fraud requirements to PaymentsCompliance, saying that the baseline objective of...
Worries Grow As Banks Fear Lack Of API Testing Opportunities
4th Mar 2019 | Written by:
Anxiety is growing among European banks that they may be fundamentally incapable of achieving exemption from the fallback option under the revised Payment Services Directive (PSD2) as a result of...
Recurring Card Payments Not Subject To SCA, EU Says
1st Mar 2019 | Written by:
European authorities have confirmed that recurring card payments can be initiated by the payee, exempting those payments from strong customer authentication (SCA) and providing long hoped-for...
EU Brandishes Regulatory Stick To Hasten Instant Payments Adoption
28th Feb 2019 | Written by:
The market and consumers should be left to decide which payment channels they choose to use, Europe’s representative body for payment institutions has said following hints of regulatory action by...
New Outsourcing Guidelines Flag Third Country Risks
25th Feb 2019 | Written by:
Europe’s top financial regulator has instructed payment firms to take extra caution when outsourcing to third countries, citing risks of regulatory arbitrage and the potential exploitation of...
Retailers Press For Reforms On Commercial Cards And Scheme Fees
22nd Feb 2019 | Written by:
Retail groups are urging the European Commission to consider commercial cards and scheme fees within the scope of its upcoming review of union-wide restrictions on interchange fees.
Exclusive: Brussels Threatens Reforms If Banks' PSD2 Strategies Hold Back Fintechs
21st Feb 2019 | Written by:
European Commission vice president Valdis Dombrovskis has threatened further regulatory intervention if banks’ strategies for the revised Payment Services Directive (PSD2) cause “a decline in the...
Norway Introduces PSD2 But Bank-Owned Vipps Rules The Roost
20th Feb 2019 | Written by:
Norway has finalised its introduction of major European payments reforms, but experts believe the impact of the new rules may be limited by the dominance of bank-owned mobile payment app Vipps.
Netherlands Completes Long-Awaited Introduction Of PSD2
19th Feb 2019 | Written by:
After a string of setbacks Netherlands has finalised its long-awaited transposition of the revised Payment Services Directive (PSD2), with the landmark reforms taking effect from today.
In Depth: After Long Wait, Spanish Firms Set To Seize PSD2 Opportunity
18th Feb 2019 | Written by:
Spain’s financial sector should be ready to take advantage of landmark EU payment reforms despite major delays in transposition, thanks to a combination of industry-level work and support from the...
Open Banking Not A Threat, ECB Says, As Credit Transfer Project Gathers Pace
8th Feb 2019 | Written by:
A senior European Central Bank (ECB) official has re-emphasised that banks must embrace the EU’s third-party account access regime, as it forges ahead with the creation of a new credit transfer...
MEP Accuses Top Regulator Of ‘Favouring Banks’ In PSD2 Guidelines
7th Feb 2019 | Written by:
The European Banking Authority (EBA) has defended its record on level three payments legislation after being accused by an MEP of “attempting to change a directive ... that turned out not be to its...
German Banks May Face TPP Damages Claims After Losing Antitrust Appeal
6th Feb 2019 | Written by:
German banks may be open to sizeable damages claims after a regional court backed findings from the competition regulator that they acted as a cartel in blocking credential-sharing with third-party...
European Commission Study Eyes Payments Reforms To Tackle Illegal Gambling
5th Feb 2019 | Written by:
An EU report has called on payments companies to expand their due diligence operations to include identifying illegal gambling sites, despite acknowledging the difficulty such a move would cause...
Industry Points To TPP-Shaped Hole In Push Payment Fraud Code
29th Jan 2019 | Written by:
Banks in the UK have called on regulators to make clear how payment initiation service providers will fit into the upcoming voluntary industry code on thwarting authorised push payment (APP) fraud.
PSD2 'Whitelists' Not Open To Third Parties, European Commission Says
28th Jan 2019 | Written by:
European authorities have clarified that banks do not have to make whitelists of trusted payees visible or editable to third-party providers under incoming EU-wide security rules.
Crypto Firms May Need Payments Licence, New FCA Guidance Warns
24th Jan 2019 | Written by:
The UK’s Financial Conduct Authority (FCA) has issued guidance on whether firms using crypto-assets need to seek authorisation, outlining several activities that could qualify as regulated payments...
Retailer And Consumer Confusion Sees Surcharging Continue In The UK, Despite Ban
22nd Jan 2019 | Written by:
One year on from the scrapping of surcharges for card payments in the UK, limited enforcement and confusion over the law has allowed retailers to continue to slap fees onto card payments and, in...
Meet the team
Sign up to emails
Terms and Conditions
St Clare House, 30 Minories
+44(0)207 921 9980
United States Of America
1725 I Street NW, Suite 300
+1 202 261 3567