Mastercard's AN 4569 is a new regulation that requires displaying more detailed merchant information during transactions. This includes the merchant's brand name, logo, location, and contact details.
Data enrichment solutions, like our platform, offer a precise and efficient way to process transaction data, ensuring integrity and accuracy. Our API extracts valuable information, including brand representation, contact details, transaction categorization, and even carbon footprint assessment.
As we step into 2024, the financial sector is brimming with transformative regulatory changes, impacting the realms of electronic payments, cryptocurrency, buy-now pay-later schemes, and enriched merchant data standards.
PSD3, the anticipated upgrade to PSD2, emerged in late 2018, marking a regulatory stride five years after PSD2's introduction. The renewed Payment Services Directive aims to encompass a broader scope than its predecessor, reflecting the ever-evolving landscape of electronic payments and the entrance of new providers offering open banking services.
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