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Strong Customer Authentication (SCA) RSS
Retailers losing out on £4.3million each day as SCA rules block transactions
Data from Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, shows that many online businesses are still not fully compliant with... read more
The post Retailers losing out on £4.3million each day as SCA rules block transactions appeared first on Payments Cards & Mobile.
SCA adoption in the UK is still a problem – can it be fixed?
As the fourth anniversary of PSD2 comes and goes, it’s time to reflect on the success of some of its provisions. Strong Customer Authentication (SCA) was introduced across the EU... read more
The post SCA adoption in the UK is still a problem – can it be fixed? appeared first on Payments Cards & Mobile.
European Central Bank report on card fraud in the euro area
The latest version of the European Central Bank fraud report is now available. The report, Seventh report on card fraud, analyses trends in card fraud in 2019 as reported by... read more
The post European Central Bank report on card fraud in the euro area appeared first on Payments Cards & Mobile.
SCA: EU failure average of 26% leads to e-commerce losses of €82 billion
The enforcement deadline for Strong Customer Authentication (SCA) has passed for most European countries and the latest data from the CMSPI Failure Rate Tracker for August 2021 suggests a European... read more
The post SCA: EU failure average of 26% leads to e-commerce losses of €82 billion appeared first on Payments Cards & Mobile.
Open Banking payments to overtake card payments for e-commerce?
One of the key motivations behind Open Banking has been to enable the growth of alternative payment methods to cards. A new report demonstrates that the policy drivers, the industry... read more
The post Open Banking payments to overtake card payments for e-commerce? appeared first on Payments Cards & Mobile.
