Trends Report

Brief: Turn PSD2 From A Burden Into A Catalyst

The Business Implications Of The European Payment Services Directive 2

July 7th, 2016
With contributors:
Benjamin Ensor , Alex Causey

Summary

The European Union's Payment Services Directive 2 (PSD2) heralds a new era of openness for European banks but also brings with it the threat of far greater competition. This brief considers the state of the legislation and the impact on financial institutions and examines how digital business strategy executives should respond to prepare for and find opportunity in PSD2.

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