Explainers

What is PSD2?

PSD2, or the Second Payment Services Directive, is a pivotal regulation reshaping the European financial landscape by fostering competition and innovation in payments. It achieves this by enabling secure access to banking data for third-party providers, leading to new services and enhanced customer experiences.

What is PSD2?
Lisa Zhang
Written by

Lisa Zhang

Regulatory affairs reporter covering SEC actions, AML compliance, and global fintech law.

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