Skip to main content
Skip to footer

  • Banking / white paper

PSD 2: What it Means for Banks, Customers, and Payment Service Providers

Prasad Hosadurga

Domain Consultant, Cards and Payments Practice, Banking and Financial Services, TCS

Subhendra Mohanty

Business Analyst, Cards and Payments Practice, Banking and Financial Services, TCS

You have these already downloaded

We have sent you a copy of the report to your email again.

Expected to be implemented by 2018, PSD 2 will transform the payment ecosystem

The PSD 2 directive is bound to change the payment ecosystem significantly. In addition to ensuring regulatory compliance and driving up security, it will allow financial enterprises to develop tailor-made products based on customer insights. Banks must collaborate with each other to leverage economies of scale to improve operational efficiency and deliver richer customer experiences.

PSD 2 benefits outstrip transformation costs hugely. Learn how banks can leverage APIs to minimize costs, optimize operations, and impart rich customer experiences for big gains.

Related reading

Banking Suresh Srinivasan Abhilash Kaduthanum

Embedded Payments: Addressing the Opportunity to Accelerate Growth

White Paper | 20 Sep 2023
Banking

TCS’ BFSI Enterprise Application Services for Finance Transformation

Solution | 11 Sep 2023
Banking Ashok Krish

Adopting Hybrid Work Models for Superior Employee Experience

Article | 10 Sep 2023
Banking

Leveraging the power of cloud and AI for fraud prevention in finance

Article | 14 Aug 2023

Transformation starts here

Ready to move from enterprise to ecosystem?

Talk to our experts

Find out more