The Revised Payment Service Directive (PSD2) promises to make the European Union (EU) cross-border transactions further transparent, faster, and more secure while increasing competition and choice for consumers. To do so, banks and other financial service providers must quickly make the necessary technical infrastructure changes to prepare for PSD2. The ForgeRock Identity Platform provides the security features and supports the open standards needed to deliver the secure APIs required for PSD2.
In this paper, there is a deeper dive into the technical requirements that banks and financial service providers will face in preparing for EU PSD2, as well as the implications for banks and other financial services organizations. Additionally, the reports includes a closer look at how the ForgeRock Identity Platform can assist banks and TPPs with meeting the challenges of PSD2.