Some key topics under PSD2: open banking, strong customer authentication, and the platform/commercial agent exemption

Published

Jul 24 2019

Written By

I am a partner in the Brussels office of Bird & Bird where, as an expert in payments regulation and competition law, I work closely with our Finance & Financial Regulation group, our EU & Competition law team, as well as our Public Affairs team.

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The second Payment Services Directive (PSD2) updates the original Payment Services Directive (PSD1) which dates back from 2007. In this article, we will discuss the most important changes in- troduced by PSD2 and the new types of payment services which it permits, such as open banking and strong customer authentication.

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