Tags PSD2

Tag: PSD2

What does it take to develop a RegTech solution to help...

MAP FinTech’s new product helps businesses deal with the EU’s complicated Markets in Financial Instruments Directive (MiFID II). However, developing it was far from easy.

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.

Austria’s financial regulator makes extension for PSD2 interfaces

The Financial Market Supervision in Austria (FMA) has issued a temporary extension for PSD2 interfaces, to ensure a seamless functioning of payment transactions.

Fabrick launches two turnkey PSD2 solutions

Italian RegTech company Fabrick has launched two ready-to-use solutions enabling companies to remain compliant with the updated Payments Services Directive (PSD2).

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.

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.

BaFin delays SCA requirements for online credit card payments

Germany’s Federal Financial Supervisory Authority (BaFin) has made a temporary measure which allow online payments that do not meet strong customer authentication requirements.

Wirecard releases new PSD2 fast track service

Wirecard, digital financial technology developer, has released a new fast track to PSD2 onboarding through its digital Financial Commerce platform.

EY teams with Open Banking Nigeria to build standardised API

Ernst & Young (EY) has partnered with Open Banking Nigeria to build and advocate a standard application programming interface (API) for the country’s financial services industry.

A standardized API would help ease PSD2 compliance burdens

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

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