Statements (64)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:Department_of_Defense
|
| gptkbp:affects |
Cross-border payments
|
| gptkbp:aims_to |
Enhance consumer protection
Reduce fraud in electronic payments |
| gptkbp:applies_to |
Banks and financial institutions
|
| gptkbp:effective_date |
January 13, 2018
|
| gptkbp:enacted_by |
gptkb:European_Union
|
| gptkbp:encourages |
Competition among payment service providers
Third-party payment service providers |
| gptkbp:facilitates |
Access to payment account information
|
| https://www.w3.org/2000/01/rdf-schema#label |
PSD2
|
| gptkbp:includes |
Regulations on account information services
Regulations on payment initiation services |
| gptkbp:influence |
Liability on unauthorized transactions
|
| gptkbp:is_adopted_by |
Various EU countries
|
| gptkbp:is_analyzed_in |
Research papers
|
| gptkbp:is_challenged_by |
Privacy concerns
Traditional banks |
| gptkbp:is_connected_to |
Consumer trust in digital payments
|
| gptkbp:is_criticized_for |
Implementation challenges
Complexity of compliance Potential for increased costs |
| gptkbp:is_discussed_in |
gptkb:EU_Parliament
Media outlets Financial conferences Legal forums |
| gptkbp:is_evaluated_by |
Impact assessments
Market analysts Economic impact Compliance experts Consumer impact |
| gptkbp:is_implemented_in |
National legislation
Member States of the EU |
| gptkbp:is_influenced_by |
Technological advancements
|
| gptkbp:is_linked_to |
Data protection regulations
Consumer rights legislation Consumer empowerment initiatives |
| gptkbp:is_monitored_by |
National regulators
|
| gptkbp:is_part_of |
Digital Single Market Strategy
EU financial regulations EU's digital transformation strategy EU's financial services agenda EU's regulatory framework for digital finance EU's regulatory landscape. |
| gptkbp:is_promoted_by |
gptkb:European_Commission
Fin Tech associations |
| gptkbp:is_regulated_by |
gptkb:European_Banking_Authority
|
| gptkbp:is_related_to |
Payment security standards
Financial technology (Fin Tech) |
| gptkbp:is_subject_to |
Periodic reviews
|
| gptkbp:is_supported_by |
Industry stakeholders
Consumer advocacy groups Technology providers Payment service users |
| gptkbp:mandates |
Transparency in fees
|
| gptkbp:promotes |
Innovation in payment services
|
| gptkbp:purpose |
Regulate payment services
|
| gptkbp:replaces |
Payment Services Directive (PSD1)
|
| gptkbp:requires |
Customer consent for data sharing
Strong Customer Authentication (SCA) |
| gptkbp:supports |
Open banking initiatives
|
| gptkbp:bfsParent |
gptkb:Payoneer
gptkb:True_Layer |
| gptkbp:bfsLayer |
5
|