Sunday, 11 October 2015

European Parliament rubberstamps Payment Services Directive

From Finextra –
“The European Parliament has formally adopted the revised Directive on Payment Services (PSD2), a set of sweeping new rules proposed by the European Commission to boost competition and innovation while improving consumer protections.

Back in 2013, the European Commission set out proposals for a PSD2 in an effort to improve cross-border payments, tackling what it says is still a fragmented market in areas such as cards, mobile and online.”

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