EBA Adopts Final Draft of Regulatory Technical Standards for PSD2

On February 23, 2017 the European Banking Authority (EBA) published its final draft of the regulatory technical standards (RTS) on strong customer authentication and common and secure communication. The RTS were mandated under the revised Payment Services Directive (PSD2) and developed with the European Central Bank (ECB). They are expected to pave the way for an open and secure market in retail payments in the European Union.

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