How the PSD2 Impacts Fraud in the U.S.

When it comes to security in the world of electronic payments, Europe has been ahead of the United States in many ways for several years. The revised Payment Services Directive (PSD2), which sets stricter requirements for authenticating online payments, is another example of their innovation, at least regulatory-wise. While these mandates do not impact American banks, service providers and merchants from a legal standpoint, they definitely raise important points for the U.S. to consider.

About Author

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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