ETTPA has published a new EU-wide registry of obstacles (available here) compiled by Third Party Providers (TPPs), which highlights the many problems experienced with PSD2 APIs.
Following more than three years since the introduction of PSD2 APIs we still don’t see a successful and coherent implementation of PSD2 that Fintechs can succeed on and that payment service users can rely on. This public registry shall contribute to the fruition and full implementation of PSD2 by disclosing these obstacles, and thus putting additional pressure for their much needed removal.
ETPPA would like to encourage:
banks to consult the registry, acknowledge and address their obstacles;
national competent authorities to consult the registry and request evidence of non-compliance that can form the basis for investigating a bank’s dedicated interface;
the EBA to consult the registry to see where NCAs fail to achieve compliance.
View the press release here: https://drive.google.com/file/d/1KZE7oxZGkYCNh6HsOu1rTI0bA4J9p7XZ/view