Smart Insights: Everything You Always Wanted to Know About PSD2 – Press Release Rocket

Smart Insights: Everything You Always Wanted to Know About PSD2 – Press Release Rocket

Intelling is publishing a new Smart Insights White Paper “Understanding the PSD2 regulation,” in which it discusses the main changes introduced by the new Payment Services Directive (PSD2) regulation, including opportunities and benefits for key stakeholders. With this new regulation, the European Commission (EC) aims to develop a unified payment services sector that better fosters competition, innovation and security of online payments. Innovative stakeholders will now have an opportunity to become payment institutions and to directly access users’ bank accounts, creating new business opportunities. Major benefits around cost, convenience and speed for consumers are expected to spread across the region. Though, not all stakeholders share the same enthusiasm around PSD2. Critics believe PSD2 will increase complexity of doing business in the regulated payments space.

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