EU PSD3 and Payment Services Regulation (Proposed)
The proposed EU Payment Services Directive 3 (PSD3) and Payment Services Regulation (PSR), published by the European Commission in June 2023, will replace PSD2. Key changes include enhanced fraud prevention (IBAN/name matching), improved open banking (dedicated data access interface requirements), stronger consumer protection, and a new framework for non-bank PSPs to access payment systems.
Domains
PSR: Open Banking and Account Access
PSR: Consumer Protection and Fraud
PSR: Strong Customer Authentication and Security
PSR: Transparency and Information
PSD3: Prudential Supervision
Frequently Asked Questions
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