Cross-Border Payments
Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation
May 14, 2025
Open Banking is the UK’s response to the EU Payments Services Directive (PSD2); an EU directive requiring banks to share customer transaction data with licensed third parties when requested to do so by the end-user or customer in question.
The Payments Association
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27 Clements Lane
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© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
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