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.

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.

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

2025年1月7日 · Payment Services Directive 3 (PSD3) is an updated version of Payment Services Directive 2 (PSD2) and provides rules on the efficiency and security of electronic/digital payments and financial services in the EU. It aims to improve competition and innovation in …

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.

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 …

2023年7月21日 · The Commission’s proposals focus on revising the PSD2 (and merging these with EMD2 as discussed below) into a single legal framework comprised (i) of the PSD3, which, as an EU Directive, will be transposed by Member States into national law and (ii) the associated PSR which will become directly applicable in the Member States.

PSD3 and PSR are set to reshape the EU payments sector in the coming years. By addressing emerging risks, enhancing consumer rights, and promoting a more competitive market, these regulations will play a crucial role in building a secure and innovative payments ecosystem.

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 ...