On July 26, 2019, the European Banking Authority (EBA) published responses to a fourth set of issues (XIV to XX) raised by participants of the EBA working group on application programming...
Industry associations representing banks and third-party providers across the EU have reached an agreement over account access designed to minimise customer detriment once new rules take effect in...
On July 26, 2019, the European Credit Sector Associations (ECSAs), the European Third Party Providers Association (ETPPA) and the Financial Data and Technology Association (FDATA) issued a joint...
European authorities may have to take a more flexible approach to third-party account access from September, an MEP has told PaymentsCompliance, amid lingering concerns that banks’ unreadiness...
This guide takes a look at the circumstances in which certain payment service providers can be exempted from establishing contingency measures under Article 33(6) of the regulatory technical...
Plans for a phased introduction of strong authentication are taking shape in the UK, with influential industry groups expected to ask regulators for a delay in enforcement of at least 18 months...
Mastercard has joined retail groups across Europe in calling for a harmonised approach to the introduction of strong authentication, as authorities piece together strategies for phasing in the new...
The French central bank has confirmed it will grant payment providers more time to comply with incoming strong authentication rules, recognising widespread concerns about the technological work...
Following a survey of thousands of European financial institutions, open banking platform Tink has said not a single one has developed an application programming interface (API) good enough to...
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.
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 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,...
From September, European firms will need to tread even more carefully around their operations in third countries when it comes to anti-money laundering (AML) — but idiosyncratic data protection...
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...
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...

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