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PSD2 is the revised Payment Service Directive, which was mandated in 2016. It stems from PSD1, which was mandated in 2009. PSD2  requires Europe's banks to give regulated /wiki/spaces/OB200/pages/48629460 third-party providers (TPPs) access to customers' account information and payment initiation with the customers' permission and consent.

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CDR

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Specific examples of the benefits of a CDR might include:

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