Navigate the evolving payment security requirements. We provide specialized guidance for payment service providers to meet the operational resilience, open banking, and fraud prevention mandates of PSD3 and PSR.
PSD3 and PSR represent the EU's next-generation payment services framework, building upon PSD2 with stricter security, operational resilience, and consumer protection requirements.
The new framework introduces more rigorous ICT risk management, enhanced Strong Customer Authentication (SCA), expanded open banking obligations, and improved fraud prevention measures.
Payment service providers must demonstrate robust operational resilience aligned with DORA, implement comprehensive fraud detection systems, and ensure secure API access for third-party providers.
Operational resilience aligned with DORA requirements
Improved strong customer authentication mechanisms
Secure third-party access and data sharing
Real-time transaction monitoring and prevention
Notification of major incidents to supervisory authorities
Enhanced liability and disclosure frameworks
Payment service providers face complex technical and operational requirements.
Implementing high-performance, secure APIs for third-party access while maintaining strict authentication and authorization controls remains a challenge.
Developing real-time fraud detection and prevention capabilities that balance security with user experience and transaction speed.
Meeting operational resilience requirements aligned with DORA, including testing, third-party risk management, and incident response.
Specialized support for payment service providers across all PSD3/PSR domains.
Thorough analysis of your payment services against PSD3/PSR requirements, identifying compliance gaps and prioritizing remediation efforts.
Creation of PSD3/PSR-compliant policies, procedures, and documentation tailored to your payment services and regulatory requirements.
Expert advisory services to navigate PSD3/PSR regulatory requirements and maintain continuous compliance with evolving European payment mandates.
Design and deployment of technical controls to support PSD3/PSR compliance, including SCA, API security, and fraud detection systems.
Customized training programs to foster payment security awareness and ensure personnel understand their compliance responsibilities.
Monitoring and continuous improvement services to maintain PSD3/PSR compliance as regulations evolve and your services expand.
Proven track record with PSPs and payment institutions
Experts in secure open banking implementations
Integrated approach with digital operational resilience
Structured and proven framework for PSD compliance
