PSD2 transformation series - PART II

technology, strategy, and innovation

 
The financial world is now digital, mobile, cross-border, increasingly connected and omnichannel, paving the way for new payment methods that meet the needs of consumers who expect frictionless transactions.
— (Barclaycard, n.d.).
 
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PSD2 TRANSFORMATION PART II - TECHNOLOGY, STRATEGY, AND INNOVATION

The Revised Payment Services Directive (2015/2366/EU) (PSD2) is set to usher in an unprecedented disruption within the payments services sector throughout the European Union (EU), and indeed, the world. The debate is still on as to whether this wave of sweeping changes within the banking, financial services, Financial Technology (FinTech), and Regulatory Technology (RegTech) sectors will be revolutionary or evolutionary in nature. The recently delayed original implementation date of 14th September 2019 for Strong Customer Authentication (SCA), has highlighted the logistical, operational, and technological challenges for banks and financial services firms that are striving to implement mandated Application Programming Interfaces (APIs), as well as advanced SCA security infrastructure and protocols.  The parallel development of a multitude of Open Banking standards throughout the EU has also made PSD2 strategic developments ever more challenging for new market entrants and Third Party Providers (TPPs).

The two-part PSD2 Transformation Series of events aims to provide the world’s most comprehensive training currently available on the market for those firms operating within the payments services sectors. PART I of the Transformation Series aims to provide highly extensive training to market participants covering the PSD and PSD2 operational frameworks, together with in-depth coverage of European Banking Authority (EBA) technical standards and guidelines. It forms an absolutely essential part of training that firms require in order to fully understand the new PSD2 operational and technological landscape that is currently in a state of development.

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PART II of the PSD2 Transformation Series aims to provide a training course that provides unprecedented training and insights that are not available anywhere else. The PSD2 Technology, Strategy, and Innovation training course ventures far beyond the PSD and PSD2 operational frameworks and provides highly extensive and in-depth coverage of strategic approaches to PSD2 markets, technologies, and marketing and sales strategies for payment services firms. It is precisely what PSD2 payments services firms have been waiting for. A comprehensive analysis of PSD2 competitors, market commentary on current market developments in different EU jurisdictions, as well as strategic analysis of a broad range of market studies that highlight the compelling need for PSD2 payment firms to undertake both extensive market research and market education initiatives in order to successfully capture new PSD2 markets. PSD2 is no longer simply about compliance and it should not be viewed as a threat, but a one-of-a-kind strategic revenue opportunity to develop unprecedented offerings to consumers and businesses across the EU.

MODULE 1: AN INTRODUCTION TO PSD2 TECHNOLOGY, STRATEGY AND INNOVATION

MODULE 2: FINDINGS FROM PSD2 MARKET SURVEYS AND HOW TO TRANSLATE THESE FINDINGS INTO ACTIONABLE STRATEGIES

MODULE 3 PSD2 TECHNOLOGICAL AND OPERATIONAL STRATEGIES

MODULE 4: PSD2 TACTICAL AND MARKETING STRATEGIES

 
 

BRAND NEW - ON DEMAND TRAINING SESSIONS

All individual sessions on this training programme are now available to book and schedule as 121 training sessions with an S7C Expert Trainer, for a limited time only.

Choose any one topic of the four training sessions within the framework, and schedule at your own convenience.

Our Expert Trainer will guide and instruct you through the chosen presentation coverage, and you will be able to discuss and ask questions regarding your session area of choice.

Contact client.services@storm-7.com and our friendly team will help you immediately with any scheduling enquiries, or go to our bookings page via the link above and secure your 121 session now.

 

UPCOMING EVENT SCHEDULES

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Disclaimer

ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc., and Storm-7 Consulting Limited is neither sponsored by nor affiliated with the International Swaps and Derivatives Association, Inc. (ISDA), and the public is hereby informed that Storm-7 Consulting Limited holds no commercial, private, or other relationship with ISDA.