PaymentsSource: Payments boom could make PSD2 headaches worthwhile

The European data sharing regulation, PSD2, is often seen as a compliance burden for banks — but if used correctly, the rules provide a path to boosting digital payments revenue.

Online banking e-payments (OBEP) are already a popular way to pay for e-commerce purchases in continental Europe, and PSD2 provides more regulatory cover for OBEP, also known as account-to-account payments.