Payment Services Directive 3 (PSD3): How Will It Impact Your Financial Institution?

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The European payments market is driven by regulatory change. With regulators seeking to stimulate innovation and competition in the interest of European consumers and businesses, whilst ensuring risks are kept under control, the change is relentless. It can be challenging to stay afloat of everything happening in Brussels and how it will impact the payments market.
In June, The European Commission announced a raft of new measures which when implemented will fundamentally transform the way payments are made across the EU.
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Key Takeaway: Now any institution can hold an account at the Central Bank without the need of a Commercial Bank. Does this facilitate the integration with crypto providers ? There is even the mention of "Finality" to minimize settlement risk