Denmark’s regulator has acknowledged concerns from the European Banking Authority about industry readiness for forthcoming strong authentication reforms, tentatively opening its doors to firms...
The European Banking Authority has provided welcome clarity on how to interpret incoming strong authentication rules, but still faces questions over how some aspects will work in practice —...
The UK’s Financial Conduct Authority (FCA) has become the first national regulator to formally acknowledge EU plans for extending the implementation period for new strong authentication rules,...
Firms in Malta continue to under-report suspect transactions, the country’s financial investigators have said, despite a doubling in the number of suspicious transaction reports received over the...
Payments firms have called on European-level authorities to learn lessons from the struggles around national-level open banking initiatives as they look to expand the regime into a pan-European...
European regulators have handed a major lifeline to card firms and retailers by giving them more time to comply with incoming security reforms, but experts say more work will be needed at national...
The European Banking Authority has agreed to give payment providers more time to prepare for September’s controversial strong authentication reforms, after pleas for flexibility from across the...
Fintechs across Europe have joined calls for a delay to September’s strong authentication reforms, urging authorities to show leniency to firms providing third-party payment services, as well as...
The UK’s financial regulator has revealed details about its preparations for new EU rules on secure customer authentication (SCA) — confirming that the September deadline will have to be swept...
European regulators are readying new guidance on September’s strong authentication reforms that could give payment firms a 15-month transition period to become fully compliant.
EU authorities have responded to uncertainty about how payment providers should carry out transaction risk analysis under incoming strong authentication rules, as well as whether banks must confirm...
Authorities in Europe appear to be inching closer to a compromise on incoming strong authentication rules, following sustained warnings the reforms cannot be met in time for September’s deadline.
Industry groups are pressing regulators on whether incoming strong customer authentication rules can be delayed, arguing the drip-feed of guidance has created a “bottleneck” and left firms unable...
The Danske Bank money laundering scandal looks to have claimed its first scalp, after former chief executive Thomas Borgen was charged by Danish prosecutors on Tuesday.
Rumours are swirling that European authorities may be persuaded to extend September’s deadline for demanding and controversial new security rules. However, firms hopeful the reforms will be phased...
UK industry insiders have defended the slow uptake of new open banking offerings, saying that the underlying regulatory reforms are still bedding in and insisting the issue cannot be properly...

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