Fundamentals, News & Trends with reMonetary
Welcome to our Knowledge Center – your resource for exploring the payments essentials and exciting articles about trends in the payments industry. Here, we've gathered key concepts and engaging discussions to help you grasp the ins and outs of payment systems. From fundamental principles applicable across multiple courses to the latest news, trends, and innovations not yet covered in our curriculum, our articles cover a wide spectrum of topics to keep you informed and ahead of the curve.
Account-to-Account (A2A) Payments
A2A Payments are direct money transfers from one bank account to another bank account. Nowadays, A2A Payments play an increasingly significant role as an innovative and efficient payment method in various sectors, with broader application thanks to modern technologies like Open Banking.
Embedded Finance
Embedded finance allows you to provide customized financial services directly within your app, website, or other digital platforms, as well as non-digital products. It can be a powerful way to improve financial access for your customers, drive revenue and improve loyalty. By integrating embedded finance products, you can add value for your customers and generate new revenue streams for your business.
Payment Services Directive 3 (PSD3) & Payment Services Regulation (PSR)
PSD3 builds on the groundwork established by PSD2, aiming to meet the expectations of consumers and adapt to the latest technological advancements. This new directive introduces substantial changes designed to modernize the payments landscape, enhance consumer protection, and promote a more competitive and secure market. PSD3 not only focuses on improving transaction efficiency but also addresses emerging challenges in cybersecurity and regulatory compliance, ensuring that the payments ecosystem remains robust and resilient in the face of rapid innovation.
Markets in Crypto-Assets Regulation (MiCAR)
The Markets in Crypto-Assets Regulation (MiCAR) is a comprehensive regulatory framework proposed by the European Union (EU) aimed at creating a harmonized set of rules for crypto-assets across its member states. Introduced to ensure consumer protection, market integrity, and financial stability, MiCAR addresses various types of crypto-assets, including utility tokens, asset-referenced tokens, and e-money tokens, among others.
Central Bank Digital Currency (CBDC)?
A Central Bank Digital Currency (CBDC) is a digital form of a country’s official currency, created and controlled by its central bank. As an electronic representation of traditional money, it combines the stability and backing of government-issued currency with the convenience and speed of digital transactions. Unlike decentralized cryptocurrencies, CBDCs operate under central bank oversight, ensuring reliability and alignment with national monetary policy. CBDCs aim to offer a secure and efficient digital payment option, accessible to individuals and businesses, while supporting financial stability.
