Tag: EU
Nearly half of UK consumers likely to abandon multi-step authentication processes...
Nearly half of UK consumers are likely to abandon future purchases if they are faced with a multi-step authentication process, a study from Forter claims.
What do the European Supervisory Authorities see as the current risks...
The Joint Committee of the European Supervisory Authorities (ESAs) has released its latest report, highlighting risks of a no-deal Brexit and search for yield.
ESMA states increased risk to investors due to renewed market volatility
The European Securities and Markets Authority (ESMA) has stated investors are facing “very-high market risk” due to renewed market volatility.
What are the next steps for SCA following postponements to compliance...
Postponements to strong customer authentication (SCA) was the right decision, but regulators must make it clear there will not be a second opportunity for meeting compliance, according to Michael Sass vice president, market product management, security solutions, Europe at Mastercard.
ESMA releases framework for stress test simulations for investment funds
The European Securities and Markets Authority (ESMA) has released a framework to be used for stress simulations for the investment fund sector.
How to prevent a decline in payments post SCA
With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.
European Central Bank shuts down BIRD website after data breach
The European Central Bank (ECB) had to shut down its Banks’ Integrated Reporting Dictionary (BIRD) website following a breach.
The EBA publishes new clarifications for PSD2
The European Banking Authority (EBA) has published a new set of clarifications regarding APIs under PSD2.
European Banking Authority releases report on FinTech’s impact on payment sector
The European Banking Authority (EBA) has released its thematic report on the impact of FinTech on payment institutions (PIs) and electronic money institutions (EMIs) business models.
ESMA releases preliminary findings on withholding tax reclaim schemes
The European Securities and Markets Authority (ESMA) has released a report outlining its preliminary findings on multiple withholding tax (WHT) reclaim schemes.
