Turning the Revised Payment Services Directive into Digital Opportunity
Categories : Regulation and Payment System Governance, Regulation of Digital Financial Services
Author: Cleo Turner
In this note, Capgemini explores the business risks and opportunities for banks arising from the forthcoming implementation of the EU’s revised Payments Services Directive. PSD2 enforces an implementation deadline of January 2018. For those banks already progressing in their digital transformation, this is a reasonable timeframe to incorporate the nexessary technology and business change. For those that have yet to embrace digital, key components of a digital infrastructure are needed and time is short.