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Creating an integrated European market for Payment Initiation Services

The revised Payment Services Directive (PSD2) was adopted with payment innovation and safety to the fore. One of its purposes is to regulate at the European Union (EU) level practices and players currently unregulated in the EU. Among other things, PSD2 regulates the role of Payment Initiation Services (PIS) providers (PISPs). PISPs facilitate the use of online banking to [...]

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