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With Strong Customer Authentication (SCA) coming into force on 14 September 2019 as the final part of PSD2, many online businesses are required to add additional security measures to large... more
The post SCA survey: Security vs. convenience in the payment experience appeared first on Payments Cards & Mobile.
As PCM has reported recently, 40% of European banks will not be compliant with the PSD2 regulatory technical standard (RTS) on Strong Customer Authentication (SCA) by the 14th September deadline.... more
The post How to be e-commerce compliant with Strong Customer Authentication on cards appeared first on Payments Cards & Mobile.
National Competent Authorities (NCAs) – the national bodies responsible for overseeing PSD2 in EU member states should be flexible around the implementation deadline for PSD2 in a bid to avoid an Open... more
The post National regulators should promote PSD2 flexibility to avoid Open Banking cliff edge appeared first on Payments Cards & Mobile.
After intense lobbying from cross industry parties throughout Europe, the UK’s Financial Conduct Authority has agreed to delay EU mandated SCA payments regulations by more than 18 months, after warnings... more
The post UK’s FCA agrees to postpone SCA rules as 25% of e-commerce transactions threatened appeared first on Payments Cards & Mobile.
The mechanics of Europe’s online economy are about to change forever. While this may be beneficial in the long run, 451 Research estimates that European businesses stand to lose €57... more
The post The impact of SCA: Europe’s online economy set to lose €57 billion appeared first on Payments Cards & Mobile.