Since its birth, the Internet has opened systems and industries to the creativity of new players. Innovation is, in essence, what PSD2 is about. PSD2 is much more than making an API to connect to the core banking system. PSD2 is a way to shape and create what we believe will be the platform economy of retail banking and payments.
Although complying with PSD2 requires a massive effort on the part of the banks, it also offers them a fantastic opportunity as PSD2 gives the bank account, and thereby the banks, a whole new central position in future services.
equensWorldline helps banks and third-party providers to be timely compliant for PSD2, and become a provider of XS2A services, allowing them to reap the benefits PSD2 brings along.
How to offer maximum security to your customers with strong authentication?
In this infographics, we will present main insights and challenges for banks and merchants to comply with the ongoing regulation around Strong Customer Authentication (SCA) which will come into force on 14 September 2019.
Based on our own market research, we know that many banks have an immediate need for practical PSD2 guidance.
To accommodate the need for strategic and technical advice, we created this practical whitepaper, which presents a short step-by-step preparation guide to PSD2 for banks.
This whitepaper focuses on one of the biggest issues for banks – the new regulations around Strong Customer Authentication (SCA).
We explore how banks can go beyond simple compliance to build trust and create a smooth experience for all their customers. Don’t miss the insights provided by this whitepaper for banks!