Course Content
Course Summary
This is a PSDII (2015/2366/EC) course that is designed to provide students a thorough overview and detailed knowledge of what PSD means in today’s economic, commercial, and banking sectors. The training is focused on equipping you with real-world knowledge of the impact, scope, and practices of PSDII. You will gain practical knowledge and skills, supervise PSD II compliance and service portfolios in related industries.
Course Topics
- Introduction of Payments Service Directive
- Overview of PSD II
- Detailed Look at PSDII
- PSDII Objectives, Applications & requisites
- Customer Data Access and Third-Party Providers (TTPs)
- Requirements for Access to Account (XS2A)
- Payment Initiation Service Providers (PISPs) and Account Information Service Providers (AISP)
- Requirements of Strong Customer Authentication
- Studying technical standards of open banking: Overview of Regulatory Technical Standard (RTS)
- Application Programming Interface (API) Impact
- Multilateral Interchange Fees Regulation
- The Four Corners Model & MIFs with Regulatory Scope
- Security Overview: PSDII Framework
- Security & Operational Risks: Understanding Authentication & Authorization, Fraud Control, & Incident Reporting
Learning Outcome
At the end of this course students will be able to:
- Fully comprehend the PSDII framework core objectives and connect them with the impact payment service providers have of open banking APIs
- Fully comprehend Strong Customer Authentication pre-requisites
- Comprehensively understand how PSDII frameworks connect to MIF regulations
- Develop understanding of how the payment ecosystem is affected by PSDII regulations
Who Should Take this Course?
- Project Managers
- Business Analysts
- Regulatory Compliance Officer
Related Course?
- General Data Protection Regulation (GDPR)
- BASEL II
- Payment Card Industry (PCI)
- Vulnerability Management
- Penetration Testing