European efforts to implement new requirements around virtual currencies could see crypto-assets pushed into the revised Payment Services Directive (PSD2) by the back door, a regulator has suggested.
Denmark will follow the European Banking Authority's (EBA) recommendation of a 15-month transition period for new EU rules on strong authentication of online card payments, a reversal of the...
European authorities are investigating efforts by banks to thwart account access for fintechs mandated by the EU’s revised Payment Services Directive (PSD2), with plans to call on national...
The EU’s top banking regulator brushed aside protests from the European Commission when it opted for a 15-month delay to enforcing new rules on strong customer authentication, new records show.
The UK’s Financial Conduct Authority (FCA) is standing by its decision to allow issuers and acquirers 18 months to meet new strong authentication rules, despite European regulators opting for a...
France’s central bank could drop its plans for an extended delay to strong authentication reforms, as indications emerge it is likely to fall in line with an EU-wide transition period of 15 months.
EU-issued electronic certificates relied upon by third-party providers will still be valid in the UK after Brexit, the Financial Conduct Authority has confirmed.
A consortium of EU financial institutions has called for greater harmonisation of cyber incident reporting requirements across the bloc, complaining the existing fractured system places a...
The Dutch competition regulator is set to probe the impact of US and Chinese big technology firms on the country’s payments market, hinting at concerns their entry into the Netherlands could...
UK officials have revealed that fraudsters are cracking card issuers’ two-factor authentication checks by intercepting SMS messages to impersonate account holders.
Regulators have mooted the possibility of beating the ploughshare of open banking into a sword against financial crime, but technical and legal hurdles still stand in the way of authorities’...
Authorities in the UK and France are facing pressure to revise their planned delays to enforcing strong authentication rules for online card payments, after EU regulators settled on a shorter 15...
The European Parliament has recommended that virtual currency exchanges be scheduled for consideration in a proposed directive to recruit payment providers in the fight against VAT fraud.
Germany’s payments regulator has endorsed a new collaborative effort by the country’s banks and fintechs to cooperate on the rollout of the third-party account access regime mandated by the revised...
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1).  The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations...
The European Banking Authority (EBA) has agreed to let national regulators delay enforcement of strong authentication rules until December 31 next year, setting a strict 15-month migration plan for...

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