screen scraping RSS
It was a long gestation and difficult birth but Europe finally has new requirements for strong customer authentication. They will apply across the region from 14 September 2019, bringing much-needed... more
The post Strong Customer Authentication rules agreed for Europe appeared first on Payments Cards & Mobile.
The overall idea behind PSD2 open banking is not new, Yodlee and others have for a while aggregate accounts, and they have done this through a process known as screen scraping. Now though the world is changing and radically. The first and most important point to make is what has been published by the EU [...]
The post PSD2 open banking: The ticking timebomb for financial institutions appeared first on Payments Cards & Mobile.
Conversations are ongoing between the European Commission (EC) and the European Banking Authority (EBA) around the Regulatory Technical Standard (RTS) for Strong Customer Authentication (SCA) under the Payment Services Directive 2 (PSD2), specifically with regards to Screen Scraping. Screen Scraping is the practice where third-party Payment Initiation Service Providers (PISPs) and Account Information Service Providers [...]
The post FIDO Alliance jumps into PSD2 Screen Scraping debate with letter appeared first on Payments Cards & Mobile.
The bank Vs FinTech screen scraping argument just got worse as the EBA (European Banking Authority) rejected an amendment to the Payment Services Directive (PSD2) proposed by the European Commission designed to allow the continuation of screen scraping. The EBA voiced its discontent at the EC’s intention to tweak the EBA’s draft Regulatory Technical Standards (RTS). “The EBA … [...]
The post Screen scraping argument hots up as EBA rejects PSD2 amendment tabled by European Commission appeared first on Payments Cards & Mobile.
Just days after a coalition of 56 FinTech vendors lobbied the European Banking Authority in a strongly worded petition regarding the practice of Screen Scraping, The European Banking Federation (EBF) is asking the European Commission (EC) for its help on a Screen Scraping ban due to concerns over the privacy of client data, cyber security and innovation. The [...]
The post Fight over EBA’s recommendation on Screen Scraping hots up as banks up the ante appeared first on Payments Cards & Mobile.