Berlin Group initiates a PSD2 Access to Account Framework

The revised Payment Services Directive (EU 2015/2366, also known as PSD2) came into force on 12 January 2016 and for most of the provisions, Member States will have until 13 January 2018 to implement them into national laws. The most debated and impactful parts of the PSD2 are related to the provisions on strong customer authentication for online payments and on the introduction of new 'payment initiation and account information services', operated by third party providers. The PSD2 security measures related to third party account access and to strong customer authentication will enter into force 18 months after the adoption by the European Commission of the necessary technical standards, to

© The Berlin Group - Disclaimer and Dataprivacy Policy