2024年11月26日 · The Third Payments Services Directive, or PSD3, builds on PSD2 and other regulations in Europe; Expected impacts for PSD3 include increased consumer protection, open banking enablement and forward-looking approach; To prepare, payment service providers will need to understand the potential scope and impact of the directive. We’re here to help

On June 28, 2023, the European Commission (EC) published a set of new legislative proposals, notably for a Third Payment Services Directive (PSD3) and a Payment Services Regulation (PSR). It foresees changes to the foundational framework of the European payments market and is likely to have a material impact on the players subject to it, both ...

2024年3月15日 · The third Payment Services Directive (PSD3) and the Payment Services Regulation (PSR) are a new set of legislative proposals from the European Commission that will have a significant impact on banks, fintechs, payment service providers and customers, both from a legal and operational perspective.

2024年4月23日 · We see four main sector trends that contextualize PSD3 and PSR: emerging fraud risk, increased competition from non-bank payment companies, the development of open banking and the wider regulatory agenda.

PSD3, as an EU directive, will need to be transposed into national laws. It provides the rules for the authorization of payment institutions. The PSR, as an EU regulation, will directly apply in EU member states after entering into force.

PSD3 will introduce significant changes for banks, non-bank payment service providers (PSPs) and consumers. This guide delves into the critical aspects of PSD3, outlining the need-to-know elements of its implications and operational impacts.

2024年10月18日 · PSD3 stands for Payment Services Directive 3, a set of rules governing payment service providers in the EU. It protects consumers’ data and rights, and enables the open banking environment in which payments and financial services operate in Europe. Alongside PSD3, the EU is also due to introduce the Payment Services Regulation (PSR).

2024年10月3日 · To address these, the European Commission has introduced PSD3 and PSR. In short, PSD3 focuses on the regulatory framework for payment service providers (PSPs), while PSR zeroes in on the specific use cases and clarifies obligations for …

2024年12月11日 · The European Commission has introduced two significant legislative proposals: the third Payment Services Directive (PSD3) and the Payment Services Regulation (PSR). These initiatives aim to enhance the European payments market by building upon the foundations of PSD2, striving for greater harmonization and reducing national discrepancies.

2024年9月27日 · PSD3 focuses on the licensing and authorisation procedures for payment institutions, requiring EU member states to incorporate its provisions into national laws and allowing for some limited derogations, while PSR sets out harmonised and directly applicable operational rules and technical requirements for PSPs, including stringent ...