What’s New This Week?

Happy Thursday Beautiful people! ??

First things first!??

How have you been? Surviving the chaos, I hope. Are you all clutching your popcorn and yelling at the TV for your favorite EURO football teams? Best of luck to everyone—may the least disappointing team win!

It’s been a month full of discoveries, awkward meetings, broken deals, and grand promises. Summer is here, and it seems like solid plans are melting faster than ice cream on a hot sidewalk, with the “Pareto Principle” running amok as usual.

Q2 was a rollercoaster, and I can’t wait for the next loop-de-loop in Q3.

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What’s New This Week?

PSD3: The New Kid on the Block – A PSD2/PSR Sequel

According to Nordea, the European Commission patted itself on the back, declaring PSD2 a win. Sure, it reduced fraud, upped security, and gave Open Banking a boost, but there’s always room for a sequel, right? Enter PSD3, still a directive, focusing on licensing and the nitty-gritty of payment service providers. The rest falls under PSR, which immediately becomes law for all EU member states because why not complicate things a bit more?

What Does This Mean for Consumer Rights, EMIs, PSPs, and Banks?

For Consumers:

• A marginally safer buying experience
• Your payment info is now less likely to end up in a hacker’s shopping cart
• Personal info protection that’s stronger, allegedly

For Banks:

• A whole new set of tech demands to stress over
• Compliance and intelligence tech requirements that will make your head spin
• Harsher penalties for when, not if, you mess up

??

It’s All About BTC: Should I Sell or Hold?

BTC has taken a nosedive, plunging 15% in the past few weeks. Forecasts are about as clear as mud. Rumor has it, a $20 billion sell-off is on the horizon, set to tank BTC prices further.

Rule of Thumb: Check your investment horizon and risk appetite. The “long hand” will win in the end, or so they say. Capital at Risk! Proceed with caution, or just flip a coin.

??

What’s New This Week?

Hello Beautiful People!

First Things First!

How have you been? Surviving the chaos, I hope. Are you all clutching your popcorn and yelling at the TV for your favorite EURO football teams? Best of luck to everyone—may the least disappointing team win!

It’s been a month full of discoveries, awkward meetings, broken deals, and grand promises. Summer is here, and it seems like solid plans are melting faster than ice cream on a hot sidewalk, with the “Pareto Principle” running amok as usual.

Q2 was a rollercoaster, and I can’t wait for the next loop-de-loop in Q3.

??

What’s New This Week?

PSD3: The New Kid on the Block – A PSD2/PSR Sequel

According to Nordea, the European Commission patted itself on the back, declaring PSD2 a win. Sure, it reduced fraud, upped security, and gave Open Banking a boost, but there’s always room for a sequel, right? Enter PSD3, still a directive, focusing on licensing and the nitty-gritty of payment service providers. The rest falls under PSR, which immediately becomes law for all EU member states because why not complicate things a bit more?

What Does This Mean for Consumer Rights, EMIs, PSPs, and Banks?

For Consumers:

• A marginally safer buying experience
• Your payment info is now less likely to end up in a hacker’s shopping cart
• Personal info protection that’s stronger, allegedly

For Banks:

• A whole new set of tech demands to stress over
• Compliance and intelligence tech requirements that will make your head spin
• Harsher penalties for when, not if, you mess up

??

It’s All About BTC: Should I Sell or Hold?

BTC has taken a nosedive, plunging 15% in the past few weeks. Forecasts are about as clear as mud. Rumor has it, a $20 billion sell-off is on the horizon, set to tank BTC prices further.

Rule of Thumb: Check your investment horizon and risk appetite. The “long hand” will win in the end, or so they say. Capital at Risk! Proceed with caution, or just flip a coin.

??

Keep Growing… Trends to Watch in 2024

As 2024 marches on, here are the shiny new trends to keep an eye on:

• Increased Role of AI: Because robots taking over is exactly what we need in Web3, eCommerce, customer service, intelligence, SME loans, and payments.
• Carbon Credits: Watch as payment companies and banks scramble to look eco-friendly while actually doing very little.
• Diversity and Inclusion: The buzzwords that every FinTech company loves to throw around but rarely implements effectively.
• Cybersecurity: Because, shockingly, people still want their data protected.
• Real-Time Payments: Instant transactions—because who has the patience to wait anymore?

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What Will Be Your Takeaways in Q3?

As we plunge headfirst into the next quarter, let’s ponder the chaos and see how it shapes our strategies. What are your key takeaways and grand plans for Q3? Let’s keep this wild ride going and see where it takes us.

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Let's Collaborate ??

Together, let's dare to dream big, aim high, and shape a future that knows no bounds. The journey to "Limitless" begins now—will you join us?

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