PSD3: A new era for EU Payment Services Regulation

The Payment Services Directive 3 (PSD3) and Payment Services Regulation (PSR) introduce a major overhaul of the EU's payments regulatory framework, replacing PSD2 and the second Electronic Money Directive. The new rules impose significant changes on authorization, fraud prevention, strong customer authentication, open banking, and SEPA access, with important implications for EU and UK payment service providers.

This Wire brief sits within Fusion42's coverage of Fintech.