On 26 July 2019, representatives of the two European Third Party Providers (TPP) associations and representatives of the three European Credit Sector Associations (ECSAs) and the Financial Data and Technology Association (FDATA) published a joint statement concerning the transition to the new security and communication standards that will be applicable from 14 September 2019 within the framework of the revised Payments Services Directive (PSD2). The statement covers a series of communication and information related commitments to improve the interactions between banks and TPPs regarding the implementation of the new standards.