This paper analyzes the impact of the upcoming PSD3 directive on financial institutions and payment providers. It highlights new obligations around customer authentication, fraud monitoring, and secure data exchange. The paper emphasizes the role of technologies like adaptive authentication, transaction monitoring, and secure e-signatures in ensuring compliance. It explores how PSD3 aims to harmonize EU payments regulation, strengthen consumer protection, and address emerging risks from open banking and digital wallets. Institutions are urged to prepare now by modernizing their authentication frameworks and embedding fraud prevention into every digital channel.

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