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...
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...
Regulators in Malta have told banks to ensure third-party providers operating under the revised Payment Services Directive (PSD2) cannot access data beyond what is necessary to carry out the...
Australian payments and customer authentication provider iSignthis is under the microscope of the country’s stock exchange over its business with the cryptocurrency, foreign exchange and binary...
The Financial Conduct Authority (FCA) has not ruled out altering its 18-month enforcement delay of new security rules for online card payments, but says its focus is making sure that its position...
Europol has highlighted the dangers posed by the stuttering introduction of strong authentication and open banking reforms, flagging indecision over delays as a gap to be exploited by fraudsters.
A survey by the Dutch central bank has revealed deep unwillingness of consumers in the Netherlands to grant third parties access to their account data, another thorn in the side of the country’s...

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