About: PSDII
LEAK: Commission plans new revolution for “open finance” in 2022
The European Commission wants financial firms and other companies to share more customer data to create a “broader open finance space" with new services for citizens, according to a draft of the Digital Finance Strategy seen by EURACTIV.
Coronavirus hits adoption of stricter online payments rules
European retailers are asking for more time to adopt stricter rules to protect online shoppers, but consumer organisations say the demand is “completely unacceptable” as e-commerce fraud has increased during the coronavirus crisis.
Commission holds its fire against Bitcoin and Co.
The European Commission is still hesitant to regulate cryptocurrencies, despite a warning issued by European regulators and bans imposed in other regions following the rising market volatility of digital currencies. InfographicPromoted content
Mastercard: Core values in a changing payments landscape
With PSD2 now in force and an ever changing payments landscape encapsulated by changing consumer expectations and technological advances now is an exciting time for payments.
GDPR: A challenge for the financial services industry
The brave new world of data presents many challenges for the financial services industry and regulators alike. But if the right approach to regulating technological change is taken, Europe will continue to be a globally leading centre in the future, writes James Kemp.
EU Court advised to rule against payment cards fees
A top legal official in the European Court of Justice yesterday (30 January) advised the EU judges to reject an appeal made by MasterCard over the fees it charges on payment transactions.
Economist: Lower card fees did not benefit Spanish consumers
The Spanish experience of lowering multilateral interchange fees for debit and credit cards was not positive, says Gustavo Matías Clavero, who is pessimistic about the European Commission's chances of achieving its goal of a single payments area through an updated Payments Services Directive.