PSD2 and its Impact on Banking, FinTech and Consumers

The European Union’s introduction of the Payment Services Directive 2 (PSD2) sparked much discussion in the financial services industry. The infographic below explains[1] the directive and its effect on the industry and consumers[2].

[1] Timeline and Major Changes: http://www.bankingtech.com/774622/infographics-psd2-explained/

[2] Pros and Cons: https://www.evry.com/en/news/articles/psd2-the-directive-that-will-change-banking-as-we-know-it/; https://banknxt.com/53582/psd2-2/; https://www.arrkgroup.com/thought-leadership/psd2-impacts-on-the-banking-and-fintech-industry/; https://banknxt.com/53582/psd2-2/