KuppingerCole Report
Leadership Brief
By John Tolbert

PSD2: New business opportunities and risks

The Revised Payment Service Directive (PSD2) Regulatory Technical Specifications (RTS) take effect this autumn across the EU. The directive will provide new benefits and rights for consumers, and create new business opportunities in the financial sector. However, new opportunities also imply new risks.
By
jt@kuppingercole.com

1 Executive Summary

PSD2 RTS go into effect in September 2019
PSD2 defines the new business entities Payment Initiation Service Providers (PISPs), which will have the a ...

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2 Analysis

Opportunities
In the run-up to PSD2 implementation, many FinTech companies have been preparing to enter the SCA and account information servicing mar ...

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3 Recommendations

The benefits to consumers under PSD2 will be increased competition and convenience as well as lower payment costs. For banks and TPPs, the revenue ben ...

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