CBI GLOBE

 
 
 
 

The Directive 2015/2366/EU, known as  PSD2  aims to define a common legal framework for the payment market in the European economic area in order to expand the level of integration and efficiency in the market and increase the protection level of consumers.


The introduction of the Directive will involve substantial investment in technical adjustments in line with the requirements imposed by PSD2. The  Account Servicing Payment Service Providers (ASPSP)  will in fact need to create technical interfaces to communicate with  Third Parties (TPP)  and to manage payment and information operations initialised by users through such parties. This provision will also introduce important business opportunities in the payment market, exploitable by the PSPs by offering new services to their customers.


In order to support the Institutes in adopting the PSD2, CBI  will provide the CBI GLOBE service: a cooperative solution capable of simplifying the communication between TPPs and ASPSPs, minimising the technical and operational impacts and investments arising from adaptation to the new legislation. This will also allow for the improvement of services directed to customers and for the creation of new ones, taking advantage of the business opportunities provided by the PSD2.

 

CBI GLOBE ensure many benefits to PSPs, allowing them to communicate with the TPPs through a safe and reliable solution where the "shared services" will be centralised and not borne by the individual ASPSPs (i.e. TPP recognition, activity monitoring, help desk, solution and documentation technical update, and more).

 

For more information visit the website  www.cbiglobe.com or contact cbiglobe@cbi-org.eu.

 
 
 
 
 

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