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In just 13 minutes, Martin al-khawaja explains what a PhD is and the opportunities it brings to EU banking and payment markets. He touches on technical compliance and proposes a three-dimensional framework to choose a strategy in response to the changes. The Payment Services Directive (PSD2) is new legislation in the EU that allows customers to grant third parties access to their account information and make payments. It introduces new entities like account information service providers who can aggregate data from multiple sources. The timeline for implementation is also discussed.
