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Is PSD2 Fraud Reporting a Benefit or Another Burden?

Is PSD2 fraud reporting a benefit or another burden?

White Paper

The European Banking Authority recently published its guidelines for how payment service providers should record and publish their fraud statistics to meet the requirements of Payment Services Directive 2 (PSD2). Does this just add to the regulatory burden on banks, issuers and payment institutions or can it help bring consistency and benchmarking to the concealed world of fraud?