Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... more
The post 97% of merchants are already looking to leverage PSD2 appeared first on Payments Cards & Mobile.
Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... more
The post Western Union delivers Open Banking API for global payments appeared first on Payments Cards & Mobile.
The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... more
According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... more
National Competent Authorities (NCAs) – the national bodies responsible for overseeing PSD2 in EU member states should be flexible around the implementation deadline for PSD2 in a bid to avoid an Open... more
The post National regulators should promote PSD2 flexibility to avoid Open Banking cliff edge appeared first on Payments Cards & Mobile.