Compliance FrameworksEurope
EU PSD2
Payment Services Directive 2 - Strong Customer Authentication, third-party access, open banking APIs.
Payment Services Directive 2 - Strong Customer Authentication, third-party access, open banking APIs.
| Short name | PSD2 |
| Region | Europe |
| Country or scope | European Union |
| Sector | Finance |
| In your workspace | On unless you switch it off in Compliance โบ Manage. |
How Safeguard covers PSD2
- Scan requirements: 6, all decided by a scan.
- Controls: the scan requirements below, plus 11 controls from Safeguard's control catalog for PSD2.
- Automated tests: none map to it directly. You can link any automated test to its controls yourself (how).
- Policy templates: 23: 1 written for PSD2 and 22 from the standard set.
How each kind of coverage works, and what the readiness score counts: Compliance frameworks.
What a scan checks
Each scan of a product checks these 6 requirements against what the scan found, including the product's software inventory (SBOM).
| Requirement | What Safeguard checks | Decided by |
|---|---|---|
EU-PSD2-95-RISK Operational and Security Risk Framework | Payment service providers must establish a framework to manage operational and security risks of the services they provide, which starts with an inventory of the software their payment systems comprise (Directive (EU) 2015/2366 Art. 95(1)) | Scan |
EU-PSD2-95-MIT Mitigation Measures and Control Mechanisms | The risk framework must include effective mitigation measures and control mechanisms, which for software means tracking component versions so weaknesses can be remediated (Directive (EU) 2015/2366 Art. 95(1)) | Scan |
EU-PSD2-96-INC Incident Reporting Readiness | Major operational or security incidents must be reported to the competent authority without undue delay, requiring rapid identification of which deployed components are implicated in an incident (Directive (EU) 2015/2366 Art. 96) | Scan |
EU-PSD2-97-SCA Integrity of Authentication Software | Strong customer authentication must protect the confidentiality and integrity of authentication elements, so the software implementing SCA should carry verifiable integrity hashes (Directive (EU) 2015/2366 Art. 97) | Scan |
EU-PSD2-98-CSC Common and Secure Standards | The regulatory technical standards on strong customer authentication and secure communication require open, common and secure standards between providers, and security documentation should likewise be in a standard machine-readable format (Directive (EU) 2015/2366 Art. 98 and RTS (EU) 2018/389) | Scan |
EU-PSD2-OUT Outsourcing and Third-Party Accountability | Providers relying on agents or outsourced operational functions remain responsible for them, which requires knowing the supplier behind the software components used in payment services (Directive (EU) 2015/2366 outsourcing provisions, Art. 19-20; EBA outsourcing guidelines) | Scan |
More controls in the catalog
The framework's Controls tab lists its scan requirements and these controls from Safeguard's control catalog. Evidence them with automated tests, uploaded evidence, policies or an attestation.
| Control | Name |
|---|---|
PSD2-Art65 | Third-Party Provider Access to Payment Accounts |
PSD2-Art66 | Payment Initiation Service Providers |
PSD2-Art67 | Account Information Service Providers |
PSD2-Art73 | Liability for Unauthorised Transactions |
PSD2-Art74 | Refund Rights for Authorised Transactions |
PSD2-Art95 | Operational and Security Risk Management |
PSD2-Art96 | Major Incident Reporting |
PSD2-Art97 | Strong Customer Authentication (SCA) |
PSD2-Art98 | RTS on SCA and Secure Communication |
PSD2-Licensing | PSP Authorisation and Registration |
PSD2-Safeguarding | Safeguarding of Customer Funds |
Policy templates
Written for PSD2:
- PSD2 Strong Customer Authentication (SCA) Policy
And 22 from the standard set, adapted to PSD2.