• Unlocking PSD3. Global Compliance, Consumer Protection, and Embedded Finance.

  • Sep 24 2024
  • Length: 7 mins
  • Podcast

Unlocking PSD3. Global Compliance, Consumer Protection, and Embedded Finance.

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  • Summary

  • - Discussing accidental overdrafts from forgotten subscriptions. - Introduction to open banking as a solution for financial tracking. - PSD3 is the next evolution of payment services in the EU. - PSD3 aims for a global impact beyond just the EU. - Geographic scope of PSD3 includes international companies needing compliance. - Functional scope expands to include various financial services beyond banking. - Consumer protection measures are enhanced under PSD3 for data security. - Embedded finance allows financial management within everyday apps. - PSD3 sets regulations for secure and transparent embedded finance. - Importance of staying informed about financial changes and consumer rights. - Encouragement to ask questions and understand financial systems better. - Acknowledgment of the complexities of open banking and embedded finance.
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