The EU has finally introduced new anti-money laundering rules for payment firms operating through networks of agents or distributors, more than a year after a final draft text was submitted to the...
On June 13, 2018, the European Banking Authority (EBA) launched a consultation on Guidelines on the conditions to be met to benefit from an exemption from contingency measures under Article 33(6)...
EU authorities have reiterated to banks that authentication methods offered to their customers must also be available when that customer is using a third-party provider.
On October 27, 2017, the European Banking Authority (EBA) launched a consultation on draft regulatory technical standards (RTS) specifying the framework for cooperation between competent...
The European Banking Authority (EBA) has clarified several points on how its guidelines on dedicated interfaces will work in practice, as banks seek to ensure they will not have to provide a ...
Ahead of a public hearing today in London, the European Banking Authority (EBA) has outlined its new guidelines on third-party account access, and the challenges and opportunities facing fintechs...
The European Banking Authority (EBA) has published long-awaited final guidelines on fraud reporting by payment firms, unveiling numerous changes in response to industry concerns.
The influential Berlin Group has announced plans to develop a “testing framework” for banks that hope to ensure their application programming interfaces (API) will gain the approval of regulators.
A French central bank working group has said banks that impose a “redirect”-based authentication model on third-party providers are not acting in breach of EU-level regulatory technical standards.
Spain’s delayed transposition of the revised Payment Services Directive (PSD2) has meant that fintechs in the country are still relying on screen scraping for account access — a situation that...
European acquirers and merchants remain unclear on how they will grapple with incoming rules on strong authentication, despite efforts from authorities to clarify lingering uncertainties.
Denmark has still to feel the full impact of EU-level payments reforms, experts believe, after the country’s top financial regulator confirmed it has not yet granted a single licence to a third...
On July 10, 2018, the European Banking Authority (EBA) published the final report on the regulatory technical standards (RTS) on the information to be notified when exercising the right of...
The EU’s independent privacy watchdog has offered its interpretation of the interrelating issues between the revised Payment Services Directive (PSD2) and data protection requirements, amid...
Nine of the UK’s largest banks have received harsh criticism from the fintech community over their efforts to build application programming interfaces (APIs), but how do the businesses who must...
The largest bank in Slovakia may opt out of the Slovak Banking API Standard and adopt the more predominant Berlin Group alternative, as debate around authentication models under the EU’s third...

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