PSD3, the anticipated upgrade to PSD2, emerged in late 2018, marking a regulatory stride five years after PSD2's introduction. The renewed Payment Services Directive aims to encompass a broader scope than its predecessor, reflecting the ever-evolving landscape of electronic payments and the entrance of new providers offering open banking services.
In 2023, fintech is rapidly evolving with AI integration and changing regulations. AI is revolutionizing risk assessment, customer service, and more. The industry must adapt to regulations like Mastercard's AN 4569.
Organizing and categorizing data play a crucial role in efficient payments processing. With our new system offering 14 categories and subcategories, you can gain better insights and a deeper understanding of customer behavior.
Have you ever wondered how organizations are continually improving their fraud detection capabilities? In this post, we will explore an intriguing topic: "Advancements in Fraud Detection Using Payment Enrichment Data." Discover how the integration of payment enrichment data is revolutionizing fraud prevention strategies, leading to more accurate and effective detection of fraudulent activities.
Create reward programs for your customers within banking apps.
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