How Europe Is Rewriting the Rules of Payments: A Case Study for International Regulators
Every major payments market is grappling with the same core problems right now: fraud that outpaces consumer protection rules, fintechs locked out of bank-controlled infrastructure, and a patchwork of national approaches that frustrates cross-border commerce. The EU’s answer – the Third Payment Services Directive (PSD3) and its companion Payment Services Regulation (PSR) – is now…
