Payment Services Directive 2.0

Today’s banks and payment providers have the opportunity to be at the forefront of customers’ everyday transactions. In the same way, social media and online retailers are central to consumers’ everyday purchasing decisions. FortySeven Software Professionals has deep expertise providing solutions of that kind, as well as covering all the compliance and security policies of our customers including PCI DSS.

PSD2 gives banks around the world significant opportunities to improve their relevance and business models. We suggest banks broadly innovate their payments practice because it will gain competitive advantage and increase their revenue.

Climb a Mountain of Possibilities

Directive 2015/2366 of the European Parliament and of the Council with regard to regulatory technical standards for strong customer authentication and common and secure open standards of communication.

PSD2 Advantages

One primary objective of PSD2 is to increase the level of security and confidence of electronic payment. In particular, PSD2 requires payment service providers to create strong customer authentication (SCA). Today’s standards have unique, built-in security features to reduce payment fraud and to protect the confidentiality of users' financial data, especially for online payments. All Regulatory Technical Standards have been developed by the European Banking Authority in close cooperation with the European Central Bank.

Account Information Services

Services relating to bank provisions of Account Information Services

Payment Initiation Services

Services relating to bank provisions of Payment Initiation Services

Mobile Technologies

Opportunities to grow revenue from ‘push’ payments

API & Infrastructure

Opportunities that extend the payment process

 
 

We Appreciate Your Interest in FortySeven

Related Services

Mobile Application Development

Mobile apps have revolutionized the mobile world, getting much more power in the hands of customers and more business in the pockets of entrepreneurs. In the dynamic technology sector, the mobile application development market is at its peak. It is the need of the hour and the last fruitful trend of the company. FortySeven Software…

Learn More

Web Application Development Services

We at FortySeven Software Professionals, have a very well-coordinated and dynamic delivery team who can perfectly harmonize the advanced, scalable solutions to make your business stand apart from the crowd. Starting from building the digital establishment for your business to incorporating the best engineering productivity tools and practices into your software platform – we do…

Learn More

DevOps Services

DevOps is a combination of cultural practices, philosophies, and tools that enhance an organization’s ability to provide high-speed applications and services. Our experienced IT specialists will help you to organize and build your software by simplifying IT and applying more automated processes. We offer DevOps Services as a part of software development process as well…

Learn More
View All Services

Related Expertise

Big Data

Data in itself isn’t a new invention. People are generating it everyday in huge amounts. Though Big Data is changing the way people used to live and run business. Big Data is what companies do with the data that matters. The amount of it is going to increase, while analytics technology will become more advanced.…

Learn More

Machine Learning

Machine learning is the science of getting computers to act without external programming. In the past decade, Machine Learning gave us self-driving cars, practical speech recognition, accurate web searches, and new discoveries of the human genome. You have probably used this ubiquitous technology in your daily life without even knowing it. FortySeven Software Professionals is…

Learn More

Biometrics

Biometrics is an area of technology that uses scientific methods to ensure security based on biological data. The simplest form of biometrics used in everyday life is identity verification by fingerprint data. Retina and DNA data are markers in biometrics-based systems. FortySeven Software Professionals has deep expertise of implementing Biometrics in different industries. The main…

Learn More
View All Technology Expertise

Reasons to choose FortySeven Software Professionals

Our development process is the natural evolution of a software process to support today’s changing business environment. We believe that every project should be dealt with a fresh approach. Our industry knowledge allows us to deliver solutions that solve business challenges in 40+ industries. Working closely with you, we define your needs and devise effective automation tool concepts, knowing how to implement these concepts and integrate them according to your specific needs.

Predictability
More than 12 years of successful global IT outsourcing and our customer’s business augmentation.
Business communication
We are compliant with ISO 9001:2015 on Quality management systems and ISO 27001:2013 on Information security management system.
Deep Technology Expertise
Our specialists have a vast business and technology expertise and can develop complex solutions.
Full IP Control
We transfer full control over Intellectual Property Rights to you each month.
Adaptability
We manage projects using software for tracking progress and time. This gives you full control throughout the development process, making progress and billing fully predictable.

Cooperation Models

We have defined each framework with one sincere belief that an engagement model is what that defines a successful collaboration between you and us. Nevertheless of chosen model, you will have the total control, transparency and flexibility over delivery and the budget during the whole development process.

Project Based

This approach doesn't give the flexibility to you, but it can be used by government or other companies, corporations, individuals if the requirements are clearly defined and all the specifications of the project are known in advance. The involvement of the customer is limited. During the development process, the requirements can’t be changed, any changes will lead to additional fees and make the price of the project not fixed anymore.

  • Most suitable for small-size projects.
  • Based under the Waterfall approach.
  • Strict rules on the specification changes.
  • Used for projects when all software requirements specifications are clear and predefined.
Learn more

Outstaffing Time and Materials

This model is based on the rapidly evolving business and technology world. You are able to make changes on the go and pay for the time the development team spends actually working on your product. We will provide you with pre discussed amount of software engineers and IT specialists required for realization of your project of any size. Each iteration is planned together with you before its implementation, that gives you total control over the deliverables and the budget.

  • Well-adapted to various kinds of projects from small MVP to complex software engineering solutions.
  • Full participation and control over the whole development process.
  • Flexibility on your side, you are able to make changes on the go.
  • Based on Agile approach, Scrum, Kanban or other methodology can be used.
  • Choose if the time-to-market is important for you.
Learn more

Dedicated Development Team

This cooperation model allows companies, corporations or individuals to augment their software development capacities. You get the access to human resources like software engineering specialists, devops, QA engineers, technical writers, designers, project managers etc. who will work on your project using your software tools and selected methodology. Our IT specialists can work in synergy with your existing IT department.

  • Full Intellectual Property Rights every month.
  • Highly educated employees.
  • Multi language software engineering and management teams.
  • ISO 9001:2015 on Quality management systems.
  • ISO 27001:2013 on Information security management system.
Learn more

We Appreciate Your Interest in FortySeven

Contact an expert