Revolution in European payment transaction market highlighted in Deutsche Bank report as new regulation looms ahead

Revolution in European payment transaction market highlighted in Deutsche Bank report as new regulation looms ahead

The clock is now ticking on implementation of an EU Directive of profound importance to Europe’s financial institutions, their corporate customers and consumers. European banks and payment providers will need to adapt their systems and processes to comply with the requirements of the new EU Directive on Payment Services Directive 2 (PSD2). A new white paper published by Deutsche Bank, in collaboration with PPI AG comprehensively explains the most important provisions of PSD2, as well as covering the directive’s impact on the operations of payment service providers and corporates.

Sourced through Scoop.it from: www.assetfinanceinternational.com

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