Akamai Compliance and Revised PSD2

The Revised Payment Services Directive (PSD2)

PSD2, the revised Payment Services Directive by the EU, requires financial institutions such as banks to grant access to the account data of their customers to Third Party Providers (TPPs), so the TPPs can offer financial and information services to the bank’s customers, such as a single view of all accounts of an individual across multiple financial companies.

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Revised Payment Services Directive PSD2
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Opening access to the data is expected to spur the creation of new financial services for consumers and secure banking data within the EU and the European Economic Area (EEA).

Learn more about the four ways payment service providers mitigate risk with the Akamai Intelligent Edge Platform™.

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