19 May 2016, 12:00 -
Since the Payment Services Directive (PSD) was implemented in 2009, new types of payment service providers and Fintechs have brought innovation and competition into the market, aiming for more efficient and cheaper payment products and services. Many of these innovative products and services proved not to be covered by PSD, giving rise to significant challenges from regulatory perspective, such as legal uncertainty, potential security risks in the payment chain and a lack of consumer protection in certain areas. The main objective for PSD II is to modernise the directive to close the regulatory gaps, improve the level playing field, enhance innovation by striving to technical neutral definitions, make payments safer and more secure, protect consumers and encourage lower prices for payments. The speakers will address the key changes introduced by PSD II, which they believe will have the most impact for market players.
Please do not hesitate to contact Tessa McIver, Business Developer, [email protected], should you have any questions.
We hope you will join us for this event.
Joachim Kaetzler, Partner Germany
Mehtap Urfan, Lawyer Netherlands