Dutch data watchdog: PSD2 consent must be obtained ‘separately’
Third parties seeking access to payment account information held by banks must distinguish their requests to process customer data distinct […]
PSD2
Why blockchain can solve the EU’s two-factor authentication dilemma
If you’ve become used to going contactless when out shopping, then you might receive a shock next year. New EU […]
EU regulation will drive U.S. banks to embrace FinTech or lose market share
Along with the EU’s General Data Protection Regulation (GDPR), which gave citizens the right to control the use of personally […]
EDPB adopts letter regarding the PSD2 Directive
The European Data Protection Board (EDPB) adopted a letter on behalf of the EDPB Chair addressed to Sophie in’t Veld […]
‘Legitimate interest’ may permit processing of ‘silent party data’ under PSD2
Businesses in the payment services market do not necessarily need the consent of ‘silent parties’ to process their personal data […]
No cross-checking on consent needed under PSD2
Banks do not need to check whether their customers have given other companies permission to access information from their payment […]
Overlap Between the GDPR and PSD2
The EU Payment Services Directive (PSD2), which took effect on January 13, 2018, puts an obligation on banks to give […]