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FIS UNAWARE OF CUSTOMER ACCOUNT ACCESS OBLIGATIONS UNDER PSD2

FIS UNAWARE OF CUSTOMER ACCOUNT ACCESS OBLIGATIONS UNDER PSD2

ONLY FIVE PERCENT of banks and other financial institutions are aware that the revised Directive on Payment Services (PSD2) will require open access to customer accounts, according to a UK law firm TLT’s Digital Banking report. This is despite 67 percent stating that they were well prepared for PSD2. Post-Brexit, some UK banks may have been [...]

The post FIS UNAWARE OF CUSTOMER ACCOUNT ACCESS OBLIGATIONS UNDER PSD2 appeared first on Payments Cards & Mobile.

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