The new Payment Services Directive was transposed into Belgian Law more or less at the same time as the GDPR and will fully apply in a few months. It is significantly impacting the financial industry. Under certain circumstances financial institutions will need to provide access to customer account information, in order to facilitate amongst other innovation, transparency and an open market in payment services. Could this directive enter in conflict with the GDPR? Are there way to leverage GDPR efforts to comply with this directive?
Laurie-Anne Bourdain
Laurie-Anne Bourdain
Risk & Privacy Officer @ Isabel Group