14 Feb 20 @ 16:14

The love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more

22 Jan 20 @ 18:55

2019 was certainly a memorable year for the FinTech industry with the final implementation of the second Payment Service Directive (PSD2) and Strong Customer Authentication (SCA) continuing to set the... read more

07 Jan 20 @ 12:45

Payment fraud prevention is an increasingly complicated and constantly evolving business. Issuers and merchants everywhere are being challenged by a growing variety of payment methods, which are fuelling the rise... read more

29 Nov 19 @ 09:00

E-commerce sales always explode at Christmas. This year, analysts predict the highest volumes ever for online shopping – and online fraud. Though the EU created SCA to combat online fraud,... read more

12 Nov 19 @ 12:03

Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... read more

04 Nov 19 @ 16:58

Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... read more

04 Nov 19 @ 09:01

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more

18 Oct 19 @ 13:44

After a period of deliberation during which many of the Financial Conduct Authorities or European country equivalents authorised their own delays, the European Banking Authority (EBA) has elected to move... read more

11 Oct 19 @ 09:51

In 2019, Europe’s Revised Payment Services Directive (PSD2) dominated the conversation around payment regulation. However, there are a number of countries with parallel regulations already in place or in plan.... read more

08 Oct 19 @ 15:51

Although contactless payments are one of the UK’s greatest banking innovations, research from IDEX Biometrics has revealed that consumers are still highly concerned about the threat of contactless fraud. In... read more

01 Oct 19 @ 15:03

Our first blog in this series looked at Strong Customer Authentication, and provided the Maxa answer to this challenge. In this blog, we chart the rapid growth of contactless payments... read more

24 Sep 19 @ 15:15

On the 14th September, the EU formally introduced its Strong Customer Authentication (SCA) regime as part of the PSD2 roll out. Whilst this regulation aims to ensure greater security for... 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

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

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

01 Aug 19 @ 10:28

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... 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

14 May 19 @ 15:29

The EU’s Payment Services Directive 2 (PSD2) regulation has been looming on the horizon since November 2015. The regulation sets out that all online transactions over the value of €30... read more

06 Nov 18 @ 14:23

The payments landscape has advanced by leaps and bounds over the past decade. Once seen as a mere extension of the IT department, forward-thinking payments leaders have realised that a... read more

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