Italy Agrees To SCA Delay As Authorities Await Guidance From Europe

Italy has become the latest EU member state to acknowledge the European Banking Authority’s (EBA) flexibility on enforcing incoming strong authentication rules, as national regulators’ positions gradually start taking shape.

The Bank of Italy published a communication last week recognising an opinion from the European regulator published in late June, which granted national authorities the option to delay enforcement of strong customer authentication (SCA) reforms that take effect on September 14.

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