Turning the Revised Payment Services Directive into Digital Opportunity

| Point of View

The revised Directive on Payment Services (PSD2) is the latest in a series of legislation by the EU to enable modern, efficient, and inexpensive payment services and to enhance protection for European consumers and businesses. Banks have no choice but to ensure they comply with PSD2. But, to help them remain relevant into the future, banks should look at PSD2 compliance as not only a requirement, but as an opportunity for value creation.