TransUnion – PSD2 Requirements: Responding to Key Market Trends

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The revised Payment Services Directive (PSD2) is changing the rules of the game for the payment industry. By September 2019 Payment Service Providers (PSPs) in the European Economic Area (EEA) have to comply with the directive’s requirements for strong customer authentication (SCA) and provide third party access to consumer financial accounts or risk losing their payment provider licence.

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