Perspective: What Is PSD2 and What Should Banks Do?

Perspective: What Is PSD2 and What Should Banks Do?

This IDC Financial Insights Perspective looks at the second Payment Services Directive (PSD2) drawn up by the European Commission (EC) and entered into force on January 12, 2016. It seeks to explain the main areas of the new directive’s scope and in conclusion arrives at some ideas on how banks should approach the period leading to January 12, 2018, when the implementation of PSD2 should be completed.


In This Perspective
Introduction
Scope Overview
Access to Payment Accounts (XS2A)
Liability
Transparency of Payment Charges
Customer Authentication
Conclusion
Learn More
Related Research

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook