This report from SWIFT looks at the evolution of third party payment providers and cryptocurrencies under the European Union's (EU) upcoming second Payment Services Directive (PSD2) and fourth Anti-Money Laundering Directive (AMLD4).
The growth of e-commerce and online transactions in the Asian market has led to an increase of new payment solutions. Competition now also comes from non-financial institutions that offer third-party payment services.
- State of the art
- Research objectives
- Third party payment service providers under the EU's legal framework
- Cryptocurrencies and service providers
- Policy recommendations