Regulation

30 Sep 19 @ 15:32

Challenger banks such as Metro Bank, and even larger foreign banks such as Santander, as well as branchless FinTechs such as Monzo, were supposed to break the dominance of the... read more

17 Sep 19 @ 11:03

Representatives of Facebook were grilled by central bank regulators on its planned Libra coin project amid concerns from EU governments regarding the threat the digital currency poses to financial stability.... read more

05 Sep 19 @ 13:58

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... read more

04 Sep 19 @ 07:45

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.... read more

30 Aug 19 @ 13:41

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... read more

21 Aug 19 @ 12:27

Libra Coin, Facebook’s cryptocurrency project is reported to be being investigated by European Union antitrust regulators. The European Commission said it is “currently investigating potential anti-competitive behaviour,” related to the... read more

07 Aug 19 @ 11:49

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... read more

29 Jul 19 @ 12:30

Its neither a cryptocurrency nor does it run on blockchain, aside from these minor points, US and European banks are also steering clear of Libra, Facebook’s project for a new... read more

29 Jul 19 @ 10:42

The EMEA region is a patchwork quilt of cultures and languages, defined as much by its diversity as by the commonalities shared by geographical proximity. These unique factors create a... read more

01 Jul 19 @ 05:39

As powerful cross industry groups piled on the pressure, the UK’s Financial Conduct Authority (FCA) has published its response to the European Banking Authority’s Opinion on Strong Customer Authentication (SCA) under... read more

27 Jun 19 @ 08:23

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... read more

25 Jun 19 @ 10:12

The European Banking Authority (EBA) has published  an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to... read more