Innovation in payments and the revised Payments Services Directive

Jacqui Hatfield

Journal of Payments Strategy & Systems, 2017, vol. 11, issue 1, 78-80

Abstract: The payments industry is on the brink of huge change with the pending implementation of the revised EU Payments Services Directive. In the UK, this situation is complicated by the recent Brexit vote. Both the UK government and the banks will need to take steps to ensure that they are ready for the changes. This paper explains the detail of the upcoming regulatory changes and their impact.

Keywords: payments; Payments Services Directive; PSD2; Brexit; regulation; EU law (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jpss00:y:2017:v:11:i:1:p:78-80

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