PAYPAL SUSPENDS CRYPTO SALES IN THE UK UNTIL 2024
A link to a Reuters’ press release from August 16, 2023, on PayPal’s decision to suspend cryptocurrency sales in the UK.
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Type of media or format,, e.g., PPT, PDF.
FROM PSD2 TO PSD3 (Slide)
A slide in graph form, showing the transition from PSD2 to PSD3, the payments environment in the European Single Market Area.
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FROM PSD2 TO PSD3
This is a brief description of the 3rd Payment Services Directive, PSD3. It is an upcoming framework that regulates electronic payments and the banking ecosystem within the European Single Market Area (EEA). The PSD3 will be decided by the EC after a round of consultations.
EUROPEAN COMMISSION INTRODUCES PSD3/PSR TO ADVANCE OPEN BANKING
In this white paper, TINK (a Visa company) explains how PSD3/PSR is a welcome addition to the development of open banking in Europe. PSR should address standardization issues and past problems with APIs. The requirements should be passed before the summer of 2024 with enforcement happening by the end of 2025.
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FINTECH REGULATION LEGAL ISSUES AND REGULATORY COMPLIANCE (UNITED STATES AND UK)
A link to an article by Geniusee identifying the most important regulatory issues facing fintechs and listing the regulatory bodies with which they deal in the US and Uk.
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OPEN INSURANCE IS STILL ALL BARK AND NO BITE FOR NOW…BUT MANDATED OPENNESS WILL SOON CHANGE THAT
A brief description by INNOPAY of the relationship between open banking and another financial service like open insurance. The authors suggest that mandated openness will soon change otherwise slow developments.
WHAT IS OPEN BANKING?
In this short video from Nordigen, a provider of apis that power open banking, iPSD2 regulations, that require all banks to provide an API to give users access to their banking so that data. Developers can build third party apps using the bank APIs to create a seamless connection to a customer’s banking data.
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A WORLD TOUR OF DIGITAL CURRENCY PROJECTS
This article looks at central bank efforts in Asia, Europe, and North America to support digital wallets and payments, through digital currencies.
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EU WANTS BANKS TO ADOPT DIGITAL WALLETS, BUT IT’S A TOUGH SELL
This article covers the EU’s attempts to encourage the adoption of digital or mobile wallets throughout the European Union, and the inhibitors to their adooption.
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WITH BREXIT DAYS AWAY GOOGLE OFFICIALLY MOVED ONLINE PAYMENT PROCESSING TO IRELAND
Short article describing Google’s movement of online payments processing for European Economic Area’s users (with the exception of the UK) to Ireland.
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