Payment Initiation Services RSS
Payment Initiation Services to drive additional revenue for retail sector
An international study of over 1,000 senior professionals in the banking, lending, PFM, investment, and retail sectors has revealed that two thirds (66%) of retailers using Open Banking are already... more
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Why so many banks missed PSD2 deadline and what are the consequences
One of the two biggest PSD2 deadlines mandated has been and gone without without anybody really raising an eyebrow. More importantly, March 14 passed without the compliance of 41% of... more
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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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