With the deadline extension to PSD2’s Strong Customer Authentication (SCA) well underway, and the European regulators declining to extend further, there are steps that merchants must take so they can... more
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The UK’s Financial Conduct Authority (FCA) has delayed the implementation of Strong Customer Authentication (SCA). This is the second delay is has authorised. Last year, the FCA extended the deadline... more
The post FCA delays Strong Customer Authentication – EBA under pressure to follow appeared first on Payments Cards & Mobile.
The European Payment Institutions Federation (EPIF) has called for a delay to the implementation of Strong Customer Authentication (SCA) of at least six months in a letter dated 24 April 2020,... more
The post EPIF calls for delay to Strong Customer Authentication due to COVID-19 appeared first on Payments Cards & Mobile.
E-commerce sales always explode at Christmas. This year, analysts predict the highest volumes ever for online shopping – and online fraud. Though the EU created SCA to combat online fraud,... more
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.