Clearent Connects: Why the US has to Pay Attention to PSD2 Now

COVID has delayed the second Payment Services Directive, or PSD2, in Europe, allowing card and payment providers to meet new authentication required standards by December 31, 2020. While this effects Euro cardholders by ensuring payments are performed with multi-factor authentication, this also has a reaching effect in the US as we have now become an easier target for fraud and illegal activities.

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Phil Ricci

Phil Ricci

Phil has been working in the financial services and payments industry for many years and has held a variety of roles throughout his career prior to joining Clearent. Originally brought on as the Vice President of the Mid Atlantic Region, he currently serves as the Vice President of Sales Operations. Phil resides in Farmington, New York with his wife and three children.

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