On July 4, 2019, the Financial Conduct Authority (FCA) published an announcement on the safeguarding arrangements of non-bank payment service providers. The FCA states that under the Electronic...
Denmark’s regulator has acknowledged concerns from the European Banking Authority about industry readiness for forthcoming strong authentication reforms, tentatively opening its doors to firms...
A surprise statement from the Polish regulator has left banks and payment firms facing difficult decisions around whether or not to provide a “fallback” interface for third-party account access.
This report provides an overview of payment methods in the gambling industry, with information on the preferred methods of payment by players in the UK. The report details regulatory aspects, such...
The European Banking Authority has provided welcome clarity on how to interpret incoming strong authentication rules, but still faces questions over how some aspects will work in practice —...
The head of the UK parliament’s influential Treasury Select Committee has called for a mandatory code of conduct for open banking participants, in a harbinger of further political scrutiny of data...
The UK’s Financial Conduct Authority (FCA) has become the first national regulator to formally acknowledge EU plans for extending the implementation period for new strong authentication rules,...
Payments firms have called on European-level authorities to learn lessons from the struggles around national-level open banking initiatives as they look to expand the regime into a pan-European...
UK regulators are upping pressure on regulated payments businesses that incorporate unregulated crypto-assets into their product offering — but industry groups believe that distinction is not yet...
European regulators have handed a major lifeline to card firms and retailers by giving them more time to comply with incoming security reforms, but experts say more work will be needed at national...
The European Banking Authority has agreed to give payment providers more time to prepare for September’s controversial strong authentication reforms, after pleas for flexibility from across the...
Efforts to open up the euro’s payment and settlement scheme to wider access via application programming interfaces (APIs) has been put on hold, after fintechs insist on getting the first phase of...
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 services, as well as...
The UK’s financial regulator has revealed details about its preparations for new EU rules on secure customer authentication (SCA) — confirming that the September deadline will have to be swept...
European regulators are readying new guidance on September’s strong authentication reforms that could give payment firms a 15-month transition period to become fully compliant.
A senior executive at American Express has said “collateral damage” caused by EU-wide payment reforms has forced the card network to cut ties with dozens of bank partners.

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