PSD2: Identification will be crucial for PISPs and AISPs

The PSD2 and IFR: Opportunities and risks for payments service providers in the EU article by Accenture and the download "How Payments regulation will disrupt and reshape Europe's card payment ecosystem" is an excellent start to understand the future possibilities and hurdles.

PSD2-enabled services—Payment Initiation Service Providers (PISPs) and Account Information Service Providers (AISPs) will evolve and thrive. They will emerge from Fintech or traditional banking space and have different shapes and objective. The similarity is that identification of the end-user in XS2A (Access to account) has to be solved on a European basis. Identification can be solved by using eID Hubs, such as Signicat.