This course provides a practical, step-by-step guide to implementing the European Union's Payment Services Directive 2 (PSD2). Participants will learn how PSD2 transforms digital payments by promoting secure electronic transactions, Open Banking, customer data protection, and stronger authentication mechanisms while enabling greater competition and innovation across financial services.
The course explores PSD2 readiness assessments, implementation planning, Strong Customer Authentication (SCA), Payment Initiation Services (PIS), Account Information Services (AIS), API security, Open Banking integration, GDPR alignment, consent management, compliance monitoring, auditing, and regulatory reporting. Learners will gain practical knowledge of how financial institutions, payment providers, and fintech organizations can successfully implement PSD2 while maintaining security, compliance, and customer trust.
Through practical examples, implementation templates, and real-world use cases, participants will develop the skills needed to build secure PSD2-compliant payment ecosystems and support modern digital banking initiatives.