Adjusting To PSD2 And GDPR In Europe

Regulations

Consumers in the European Union (EU) are adjusting to Payments Service Directive 2 (PSD2) and General Data Protection Regulation (GDPR), even though these regulations focus on bringing greater trust through transparency. At the same time, new technologies such as biometrics are emerging in the fight against fraud. And an initiative tied to a consortium of companies is looking to redefine how automated teller machine (ATM) applications are built and used. All this, Today in Data.

579 million: The number of biometric cards that will be in use by 2023.

80 percent: The share of Dutch consumers who are currently unaware of PS2D.

53 percent: The share of U.K. consumers who are willing to give banks their mobile numbers.

38 percent: The share of consumers in the U.K. who would like to use biometric authentication along with government-issued IDs.

3.5 million: The number of ATMs in the world that run on Windows operating systems.