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PSD2 — Is Machine Learning More Important in the New Payments Ecosystem?

White Papers

PSD2 — Is Machine Learning More Important in the New Payments Ecosystem?

White Papers

The second Payment Services Directive, better known as PSD2, is set to change the payments landscape, and Payment Service Providers (PSPs) will have to change with it. Those that implement PSD2 well are likely to retain existing customers and attract new ones.

In this white paper, we focus on the changes that will affect the fraud operations of PSPs, such as retail banks and card issuers. And we take a look at the role machine learning can play in helping them make the most of their adoption of PSD2 standards.