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EBA sticks to SCA decision – no further deadline extension
Despite some countries, like the UK, adding further extensions to the SCA deadline, the EBA is maintaining its strict ruling that the December 2020 deadline must be met. At present,... more
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What steps do merchants need to take to ensure SCA compliance in time for deadline
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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FCA delays Strong Customer Authentication – EBA under pressure to follow
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.
Instant Payment Card: Initiating a SEPA Credit Transfer at the POS
Smart Payment Association (SPA), the global trade body of the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to... more
The post Instant Payment Card: Initiating a SEPA Credit Transfer at the POS appeared first on Payments Cards & Mobile.
EPIF calls for delay to Strong Customer Authentication due to COVID-19
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.
