In Depth: Difficult Questions Ahead Despite Strong Authentication Lifeline

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 level to clarify how any extension will work in practice.

The European Banking Authority (EBA) issued an opinion on Friday stating that firms would be permitted to approach their national regulator with a “migration plan” for complying with regulatory technical standards on strong authentication, which take legal effect on September 14.

To continue reading...

Our Key Benefits

PaymentsCompliance is a premium information service for compliance, legal and regulatory professionals. Our award-winning regulatory monitoring platform is used by many of the world's leading payment services providers and e-money institutions, regulators, challenger banks, fintechs and law firms.

We keep our clients informed of critical regulatory change and help them understand, with in-depth analysis, when change is coming and the implications for their organisation.

We provide our clients with a quantifiable and significant ROI by reducing the amount of time and money spent monitoring and analysing regulatory environments in multiple jurisdictions.