Contention over the finer points of new payments regulation continued to rage in Europe, with industry and regulators clashing over issues with new strong authentication requirements and the details of implementation. The continent continued to feel its way toward a cohesive approach to virtual...
The UK’s financial regulator has released its vision of an open finance regime, in which the role of third-party providers would be...
A new report to the European Commission has laid out a number of steps to be taken to further level the playing field for fintechs in the...
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1). The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations for the European Commission, the European Banking Authority (EBA) and EU member states. In addition,...