The European Banking Authority (EBA) has published the European Commission’s suggested changes to regulatory technical standards on strong customer authentication under the revised Payment Services...
The European Commission has proposed to exempt corporate payments from strong customer authentication under revised security rules accompanying the second Payment Services Directive (PSD2).
The European Commission has dismissed banks’ claims that creating a back-up option for account access under the revised Payment Services Directive (PSD2) would be costly, complex and high risk.
European officials will today insist that the “whitelisting” of trusted recipients does not apply to card payments, under revised security rules accompanying the second Payment Services Directive ...
As European authorities inch closer to finalising highly controversial and potentially transformative payment security controls, legal experts believe there are still unanswered questions about how...
The European Commission’s vice president has confirmed that the European Banking Authority (EBA) will be told to revisit its proposed new rules on screen scraping and direct access to bank accounts.
An influential European banking lobby has attacked plans to overturn a proposed ban on screen scraping, insisting the revised Payment Services Directive (PSD2) will not succeed in its aims if the...
Fintechs are questioning the wisdom of separating third-party providers into two distinct regulatory categories in the revised Payment Services Directive (PSD2).
The European Commission is poised to strike out the European Banking Authority’s proposed ban on screen scraping, PaymentsCompliance can reveal.
The European Banking Authority (EBA) is consulting on draft regulatory technical standards which set out the standardised terminology for the most common services linked to a payment account, the...
A coalition of 60 payments industry stakeholders have published an 11th-hour “manifesto” urging authorities to abandon a proposed ban on screen scraping, arguing it would let banks choke off...
EU industry groups are making a last-ditch lobby effort on access to accounts, transaction fraud rates and corporate payments as the European Commission considers whether to make changes to the...
Industry researchers believe European officials may amend the European Banking Authority's proposed rules allowing providers to bypass certain security checks if fraud rates are sufficiently low.
As the European Commission attempts to find a solution to long-running hostility between banks and third-party payment providers, PaymentsCompliance examines the dispute over security, screen...
Consumers will be allowed to establish a “whitelist” of trusted recipients for card payments, EU regulators have confirmed, after Mastercard raised concerns that proposed security standards might...
Industry experts are warning that exemptions from strong authentication proposed by the European Banking Authority could prove “almost unworkable” for payments firms.

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