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Smart debit and credit cards with proactive spend controls and receipt collection.

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Employee reimbursements and travel expenses with advanced approval flows.

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Purchase orders, invoice management, and global payments in a single platform.

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Increase spend control

Manage company polices, spend, and approvals with customisable controls.

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Track mileage, per diems, and reimbursements, all in one place.

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Monitor all your company’s recurring payments in one place.

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Keep your data flowing from first tap to month end.

Simplify global operations

Easily manage every aspect of company expenses.

Advance your sustainability efforts

Track carbon footprint in your operations and supply chain.

Automate procure-to-pay

NEW

Approve spend before it happens and prevent out-of-policy purchases.

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Resources

Jun 15, 2020

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5 mins read

PSD 2 and Open Banking - Emerging Trends and Use Cases

Thomas Westerhoven

Security Finance & business strategy

Quick summary

The European directive PSD2 (“Revised Directive on Payment Services”) was in all news, when by the end of 2019, European companies had to start complying with PSD2’s Regulatory Technical Standards. The overall aims mentioned are honourable: To create and establish an integrated banking structure within the European Union to foster competitiveness between banks and non-financial institutions and provide better services to EU citizens, eventually. But, does this Open Banking initiative really brings the benefits the EU hoped for or comes it at the expense of security and user data issues?

!! This webinar has been POSTPONED due to summer break. We will announce the new date asap !!

As part of our Payhawk webinar series, we want to shed some light on the topic "Open Banking" and explain what is PSD2 all about. We will be looking into some emerging trends on the market and show a use case in Germany with Payhawk.

PSD 2 and Open Banking - Emerging Trends and Use Cases

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