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 (TPP) services, as well as those involved in card transactions.
From September 14, regulatory technical standards on security will require two-factor identity checks whenever a customer accesses a payment account through a third party.
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.