FinTech industry associations publish PSD2 voluntary guidelines

UK Finance, the Financial Data and Technology Association, the Electronic Money Association and techUK have jointly published voluntary guidelines.

The guidelines are directed at account servicing payment service providers, account information and payment initiation services and technical service providers.

The guidelines seek to increase customer protection in relation to ‘screen scraping’, including by promoting the use of Open Banking or PSD2 compliant APIs.

Emma Radmore