PSD2

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PSD2: giving Merchants the upper hand around strong customer authentication

16 Oct 18 @ 12:57

The Second Payment Services Directive (PSD2) certainly covers a lot of ground, but one important and largely overlooked aspect is the requirement that: “strong customer authentication […] should be applied each... read more

The cashless society – Maintaining trust in the payment system

11 Oct 18 @ 08:54

There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more

European Open Banking gets support from 40 leading financial industry players

02 Oct 18 @ 13:27

PRETA says that over 40 major European financial institutions and service providers have signed up to fund and complete PRETA’s pan-European PSD2 Open Banking access directory. With the delivery of... read more

Open Banking publishes Open Banking Standards version 3.0

07 Sep 18 @ 16:07

The Open Banking Implementation Entity (OBIE) has announce the publication of the Open Banking Standards, version 3. This update builds significantly on the version of the Standards that launched in... read more

Risk-Based Authentication: How to secure frictionless e-commerce payments

30 Aug 18 @ 14:23

In 2018, banks and retailers are dealing with a new breed of customer: one that expects a fast, seamless online payment experience. When it comes to e-commerce, however, user experience... read more

Strong Customer Authentication rules agreed for Europe

17 Aug 18 @ 12:14

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... read more

Biometrics: The nirvana of personal security?

27 Jul 18 @ 10:41

By 2020, nearly all smart devices including mobile phones, tablets and wearables will have some form of biometrics security enablement. By the same time, personal banking through mobile apps will... read more

Is it time for a serious Open Banking standard?

17 Jul 18 @ 09:23

There are four things that should now be crystal clear to everyone involved in Open Banking. Open Banking has arrived. It was the #1 topic at Money 20/20 Europe. Open... read more

Worldline obtains its “pan-European” Third Party Provider (TPP) license

16 Jul 18 @ 08:53

Worldline has obtained two new licenses, linked to the PSD2, from the National Bank of Belgium enabling the company to become a Payment Initiation Service Provider (PISP) and an Account... read more

PwC Report: Open Banking market could be worth £7.2bn by 2022

04 Jul 18 @ 13:56

In a new and very interesting piece of PwC research on Open Banking, they state that new regulation aimed at opening up the UK’s current account market could lead to... read more

EBA clarifies Strong Customer Authentication requirements for PSPs

28 Jun 18 @ 15:48

The European Banking Authority has published an Opinion on the implementation of the Regulatory Technical Standards on Strong Customer Authentication and common and secure communication. It has also published a... read more

Delivering Strong Customer Authentication to support PSD2 Compliance

15 Jun 18 @ 10:32

A new Whitepaper states that the EU Payment Services Directive (PSD2) will undoubtedly facilitate innovation, competition, and efficiency among banks and other payment institutions, especially around Strong Customer Authentication. While... read more

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Thunes links stablecoin payouts to the Swift banking network

26 Mar 26 @ 19:08

Thunes is attempting to narrow one of the most persistent divides in modern payments: the gap between traditional banking infrastructure and the digital asset e... more

Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more