Market participants should not delay implementing PSD2-related changes, says Deutsche Bank

Banks and Account Servicing Payment Service Providers (ASPSPs) should not delay deploying PSD2-related changes, stresses a new whitepaper produced by Deutsche Bank in collaboration with payments consultancy PPI AG. This is despite the fact that the majority of member states are yet to transpose PSD2 into national law, and despite a number of Guidelines and Technical Standards, drafted by the European Banking Authority, remaining in consultation.

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