Is PSD2 Fraud Reporting a Benefit or Another Burden?
How payment service providers should record and publish their fraud statistics to meet the requirements of Payment Services Directive 2
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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?
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