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Payment Services Directive 2 (PSD2)
Industry Readies As PSD2 Final Vote Date Set
14th Sep 2015 | Written by:
The date of the final European Parliament vote on the revisions to payment services has been announced, as industry names make a final push to have their voices heard.
Brace For Security Changes Ahead Of PSD2, Top Bank Regulator Warns
30th Jul 2015 | Written by:
Europe’s top banking regulator has told the payments industry to be alive to major changes in security, passporting services, complaint handling and transparency, as it ramps up its workload ahead...
Germany Readies For Tough Pre-PSD2 Payment Security Laws
24th Jun 2015 | Written by:
German payment service providers have been warned time is running out for them to adhere to a new set of EU-wide minimum security guidelines for internet transactions.
PSD2 Clears Next Hurdle As Final Vote Pushed To October
17th Jun 2015 | Written by:
The revised Payment Services Directive (PSD2) is set to face a final vote in October after a key European parliamentary committee passed the draft directive by a large majority.
Online Payment Security Demands Settled, But Not Everyone Plays Ball
1st Jun 2015 | Written by:
Europe’s banking regulator has finalised security guidelines for internet payments across the EU which will apply while the industry waits for more widespread reforms, despite four countries...
Politicians Agree, Now Crunch Talks Begin On PSD2
6th May 2015 | Written by:
The technical stage of Europe’s ambitious payment restructuring plan begins today with experts warning the industry not to let the looming changes creep up on it.
Political Agreement Reached On PSD2
5th May 2015 | Written by:
A political agreement has been reached today on revisions to the Payment Services Directive (PSD2).The agreement follows closely guarded trilogue negotiations between the European Commission, the...
Big Names Kick Back On Piecemeal Reporting Requirements
20th Apr 2015 | Written by:
PayPal and Microsoft have warned the EU that introducing multiple disclosure requirements for payment companies under various new directives risks damaging business.
Third-Party Access Concern Drives New U.S. Cybersecurity Laws
17th Apr 2015 | Written by:
Financial regulators in the U.S. have released a detailed report emphasizing the dangers third-party service providers pose to banks.
The Regulation of Payment Services in the UK
Sam Robinson, a senior associate, and Bradley Rice, an associate, in the financial services regulatory practice at Nabarro LLP take a look at the regulation of payment services in the UK and what...
PSD2 And Its Implications On The German Payment Services Regulatory Regime
Anna Izzo-Wagner, Volker Baas and Lea Maria Siering from Taylor Wessing law firm discuss some of the major implications of the revised Payment Services Directive for the German payment services...
ECB Warning Over Fintech Pressure
10th Feb 2015 | Written by:
A top European Central Bank (ECB) expert has warned payments reformers they must not bow to fintech demands after calls for tighter regulation of the space.
Account Access Fight Rumbles On As EU Talks Begin
9th Feb 2015 | Written by:
Allowing outsider access to payment accounts under EU law could severely jeopardise security, a senior director at one of Europe’s biggest banks has said.
An Overview Of The Proposed Second Payment Services Directive (PSD2)
Ben Regnard-Weinrabe, partner, and Rachael Welham, trainee solicitor, at Paul Hastings law firm take a detailed look at what key changes the proposed second Payment Services Directive will make to...
EU Regulatory Perspective: At The Beginning Of The Final Mile
9th Jan 2015 | Written by:
PaymentsCompliance speaks to Mario Nava, director for regulation and prudential supervision of financial Institutions in the European Commission, about the forthcoming reform to the EU payments...
Embattled Commission Defends Payment Reforms As Industry Giants Stir
8th Dec 2014 | Written by:
The European Commission has defended its payment reforms after heavy criticism from PayPal, MasterCard, Visa and others that the proposed measures are unbalanced and threaten security.
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