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Webinar: surviving and thriving in the brave new world of payments
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This episode was first broadcast as a webinar on 1 March 2018. The panel comprised Emily Reid, partner, Hogan Lovells, Roger Tym, partner, Hogan Lovells, John Basquill, editor, PaymentsCompliance and Michael Millar, managing editor, HL Engage
This podcast covers the key opportunities and threats that have emerged following the implementation of the Second Payment Services Directive (PSD2).
A real game changer, PSD2 brought some of the most far-reaching reforms to affect banks and financial institutions in decades.
The new regulations present the payments industry with a host of regulatory and technology challenges, but they also offer many opportunities.
Our industry-leading panel of payments experts discussed:
- the changes that have affected payment service providers the most since PSD2 came into force, such as surcharges, monthly information requirements or reauthorisation;
- what is coming down the track, from Brexit, third-party access, new business models emerging, the impact on instant payments, payment acceptance to GDPR and everything in between;
- whether any of these developments have come as a surprise, such as the breadth of business models that account information service providers have developed so far; and
- where the opportunities lie for those ready to seize them, such as new products and services being brought to market, how payments can drive market expansion, how the creation of a seamless and secure way of authenticating customers can mean getting ahead of those lagging behind (who may also become a target for fraudsters) etc.
Our webinar provides essential information for anyone involved in payments, be they in a legal, risk management, compliance, product design and operational function.
Click here to view the webinar: http://bit.ly/2IrG7Rm
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