Payments:Unpacked

Payments:Unpacked

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Payments:Unpacked
Payments:Unpacked
How PSD3 will impact participation in schemes
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How PSD3 will impact participation in schemes

Issue 545 | 14 November 2023

Nov 14, 2023
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Payments:Unpacked
Payments:Unpacked
How PSD3 will impact participation in schemes
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How PSD3 will impact participation in schemes

Clearing and settlement systems (CSMs) are at the core of European payments. Every day, 48 trillion payments are cleared by those systems using the standard language of ISO XML files. However, the requirements to directly participate in the clearing and settlement process is a demanding process from a financi…

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