PSD2: regulation as a catalyst for innovation | Banking Technology

PSD2, the new European Directive on Payment Services in the Internal Market, comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but Christian Schaefer, global head of payments, cash management, Deutsche Bank, believes its effect will be more far-reaching, acting as a catalyst for innovation not just in payments, but in the wider financial services market.

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