Overview
The revised Payment Services Directive requires banks to provide account access to licensed third-party providers (TPPs) via secure APIs. It introduced Strong Customer Authentication (SCA) and created new payment institution categories (AISPs, PISPs, CBPIIs).
Note: Foundation of Open Banking in Europe. RTS on SCA mandated secure communication standards.
Applicable Countries
This regulation applies to all 27 EU Member States:
Scope & Coverage
This regulation covers the following areas and services:
Key Requirements
Timeline
Official Resources
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