PSD2 Definition

Short for Payment Service Directive 2. It is a directive by the European Union and it’s puruse in regard to the payments industry was to increase pan-European competition with participation also from non-banks, and to provide for a level playing field by harmonizing consumer protection and the rights and obligations for payment providers and users. The most important aspect is that third party groups are able to have access to customer accounts. The directive is criticized for only being applied in the European Economic area but not to transactions to or from third countries

FINTECH WEEKLY is powered by

Railslove GmbH

Sign up for our free newsletter!

Every week we curate significant and impactful stories from the global FinTech Communities - Get our weekly News and Event update

Explore Tags

Business

FinTech

Artificial Intelligence

Centric Acquires Majority Stake in PoS Provider Twelve to Accelerate European Growth

Rosalia Mazza

Dutch IT services firm Centric takes a majority stake in fintech Twelve, aiming to scale the company’s PoS and order... Full Article

U.S. Seizes $15 Billion in Bitcoin Linked to Forced-Labor Crypto Scam

Rosalia Mazza

U.S. authorities have seized $15 billion in bitcoin tied to a Cambodian executive accused of running a global forced-labor cryptocurrency... Full Article

Trump Establishes Strategic Bitcoin Reserve in Landmark Executive Order

Rosalia Mazza

President Donald Trump has signed an executive order creating a Strategic Bitcoin Reserve, positioning the U.S. as a key player... Full Article

India's Digital Rupee Gains Momentum with Fintech Integration

Rosalia Mazza

India's Digital Rupee, introduced by the Reserve Bank of India (RBI) in December 2022, gains momentum. Cred has become the... Full Article

Carlyle and Citi Team Up to Support Fintech Lenders with Asset-Backed Financing

Rosalia Mazza

Carlyle and Citigroup partner to offer asset-backed financing to fintech lenders, addressing growing demand for scalable funding solutions. Full Article

Next Conferences

EBINTEC Banking Innovation Conference and Exhibition

November 18th, 2025

EBINTEC Banking Innovation Conference and Exhibition is a global conference which is one of the most important and prestigious conferences... Read More

Blockchain Life 2025

October 28th, 2025

The 15th Blockchain Life Forum is the highly anticipated crypto event of 2025, drawing over 15,000 attendees, including leading figures... Read More

Alternative Investing Summit

December 7th, 2025

The Alternative Investing Summit will bring together trustees and representatives of institutions as well as money managers and consultants to explore the... Read More