Overview
New rules for the European Union create open account access for bank and payment innovators.
As the E.U. became established, European Parliament
recognized that a single framework for payments was needed to simplify commerce
throughout the member states and “harmonize” payments across borders. Now,
nearly a decade after the first Payment Services Directive was announced, a
radical update has been issued. More than a list of new rules, Payment Services
Directive 2 (PSD2), looks to force financial innovation throughout Europe.
Learn More About This Report & Javelin
Related content
Get Out Your Wallet: Gen Z Debit Payment Preferences
Generation Z—those born from 1997 to 2012—is coming of age and moving steadily toward greater financial maturity. Members of this generation differ from their elders in significant...
Retailer Debit Cards: Why Doesn’t Everyone Do It?
Consumers are on a quest for value and convenient ways to pay. Retailers and merchants want to boost sales and cut costs. These interests can get together through retailer debit ca...
2024 Annual U.S. Debit Card Market Data Review
Changes are afoot in the debit card market as higher prices drive more consumers toward credit for everyday payments and users increasingly demand digital payment technologies. Thi...
Make informed decisions in a digital financial world