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Unlocking PSD3. Global Compliance, Consumer Protection, and Embedded Finance.
- 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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By Wealth Reader: One API, all banks- 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.