About: PSDII

Economy & Jobs 17-09-2020

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.
Economy & Jobs 04-05-2020

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.
Economy & Jobs 26-02-2018

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.
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Economy & Jobs 16-01-2018

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.
Economy & Jobs 07-09-2017

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.
Euro & Finance 31-01-2014

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.
Euro & Finance 12-07-2013

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.
Technology 12-07-2013

Academic says EU payments regulation will dampen innovation

SPECIAL REPORT / An updated Payment Services Directive (PSD II) that aims to embrace new mobile payments methods could end up acting as a hindrance to entrepreneurs, a leading Spanish academic told EURACTIV.