Opening up the plumbing of bank payments

Opening up the plumbing of bank payments
Dominic Conlon, partner, head of corporate, Leman Solicitors

The Revised Payment Service Directive (PSD2) could change the way we all do business, writes Quinton O’Reilly

Since it came into effect in early January, you may not have heard too much about PSD2 (the Revised Payment Service Directive).

You would be forgiven for thinking that much of the hype around it hasn’t come to pass, yet to do so would be foolish. The new regulations are only two months old and need to be given more time before companies can start properly taking advantage of them.

Once companies start hitting...

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