Tiago Correia Moreira, managing associate of the Banking & Finance practice, talks about the PSD2 directive for the Económico newspaper.
The article refers that technology has been developing faster than regulation, and that legislating payment services has been getting more difficult. The lawyer explains that, “this directive is part of the European Union's objective of creating a single market that brings security to payment services, PSD2 has created rules for payment initiation services and account information services."
Read the article here.
