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European Banking Authority (EBA) RSS
EBA launches EU-wide transparency exercise
The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... more
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European Banks seek clarification on e-money definition and fraud reporting
Banks from across nine EU countries have endorsed a note seeking clarification on the definition of e-money transactions and the related fraud reporting requirements issued by the European Banking Authority... more
The post European Banks seek clarification on e-money definition and fraud reporting appeared first on Payments Cards & Mobile.
The EBA relents on PSD2 authentication, but is it enough?
The European Banking Authority says it will relax its proposed (preposterous) PSD2 rules on a requirement for strong customer authentication for all payments under €10, after receiving a huge number of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout. In a speech in London [...]
The post The EBA relents on PSD2 authentication, but is it enough? appeared first on Payments Cards & Mobile.
