PSD2 compliance RSS

It’s been two months since PSD2 enforcement started in the UK, and we have taken a look at data from merchants to see what patterns are emerging and what we... read more

The post Why the two most common approaches to PSD2 compliance don’t work appeared first on Payments Cards & Mobile.

Visa announced enhancements to its Verified by Visa service, designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. The upgrade will deliver rich data to financial institutions and merchants to better authenticate consumers and reduce fraud on transactions made via a mobile or [...]

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There is a widely-held belief in the banking industry that PSD2 access to accounts (XS2A) has to be provided for free. This is not true. Sure, Europe’s banks must grant customer-permitted Payment Initiation Service Providers (PISPs) and Account Information Service Providers (AISPs) access to their bank accounts and financial data, but crucially, PSD2 says nothing [...]

The post PSD2 access to accounts: A huge hidden revenue opportunity for banks appeared first on Payments Cards & Mobile.

Token, a new payment network and API ecosystem enabling banks to quickly transform the PSD2 compliance threat into a revenue generating opportunity, has launched. Based on proprietary and patent-pending ‘programmable tokenization’ technology, Token has created a digital payment network designed to empower banks to market leadership in digital transactions. The Token platform leverages each bank’s [...]

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