PSD2

PSD2 is a directive introduced by the European Parliament to harmonize payment regulations within the European Union.

PSD2: what are the new European directives for payment solutions?

Related definitions

Authentication

Authentication is a method enabling a computer system to verify the legitimacy of an access request before authorizing it…

STP (Straight Through Processing)

Straight-through processing (STP) is an automated transaction processing process that uses only electronic transfers, with no manual intervention, …

ISO 20022

International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions.

SEPA

SEPA is the Single Euro Payment Area set up by European institutions in 2002 to simplify and harmonize payment procedures

CSV

CSV is a file format that can be created or modified in Excel. Rather than…

SaaS

SaaS stands for Software As A Service. SaaS is a cloud-based service. When a software is available in SaaS mode,

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PSD2

PSD2

PSD2: what are the new European directives for payment solutions?

Related definitions

Authentication

STP (Straight Through Processing)

ISO 20022

SEPA

CSV

SaaS

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