PSD2 is an EU directive about payments, data and security. PSD stands for Payment Services Directive, and the number 2 means that it is an update to the original PSD from 2007. PSD2 came into effect in 2018 in Denmark, Finland and Sweden and in 2019 in Norway.
In order to increase security, PSD2 mandates that users who have been inactive for more than 5 minutes are limited to see only transactions from the past 90 days. As a consequence, Nordea Corporate limits views of payments and transactions if you are inactive for more than 5 minutes.