WSO2 Open Banking complies with the following regulations:
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PSD2
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 third-party providers (TPPs) access to customers' account information and payment initiation with the customers' permission and consent.
Some benefits of PSD2 include:
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GDPR
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