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Innovation in payments and the revised Payments Services Directive

Author

Listed:
  • Hatfield, Jacqui

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.

Suggested Citation

  • Hatfield, Jacqui, 2017. "Innovation in payments and the revised Payments Services Directive," Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 11(1), pages 78-80, March.
  • Handle: RePEc:aza:jpss00:y:2017:v:11:i:1:p:78-80
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    More about this item

    Keywords

    payments; Payments Services Directive; PSD2; Brexit; regulation; EU law;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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