Navigating the Future: PSD3 and the Evolving Regulatory KYC Landscape for PSPs

As the European Commission proposes PSD3, Payment Service Providers (PSPs) must understand its impact on KYC compliance. This whitepaper explores key challenges, changes, and how PSPs can proactively adapt to ensure compliance while maintaining efficiency. In this whitepaper, we discuss:
  • How PSD3 addresses inconsistent AML and KYC requirements across EU member states.
  • National licensing variations and how PSD3 aims to harmonize regulatory standards.
  • What PSPs need to know about the merger of PSD2 with other EU directives
  • How Owlin helps PSPs streamline regulatory monitoring and KYC processes through AI-driven insights and automation.

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