Real-Time Payments

Emerging real-time or instantaneous settlement of payments, e.g., FedNow.

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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