Last stage of PSD2 is incoming, but the road ahead is still fraught with danger for TPPs

With the September 14 deadline, the market is not fully prepared for it, which may leave customers vulnerable to service failures and fraud when accessing their bank data and carrying out payments online. For card payments this has been recognised and it looks like another 18 months will be given to get things right. Unfortunately, for TPPs who are brought into a similar situation with no fault on their side, this is not yet the case. Read more…