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AusPayNet report shows sharp decline in card fraud in 2019
Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... more
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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
The post What steps do merchants need to take to ensure SCA compliance in time for deadline appeared first on Payments Cards & Mobile.
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
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