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...
The European Banking Authority's (EBA) single rulebook Q&A contains information on various regulations and directives to ensure consistent and effective application of the new regulatory...
The UK’s Financial Conduct Authority (FCA) has urged issuers and acquirers to avoid changing how contactless transactions are handled for a limited period, despite new strong authentication rules...
European retailers, acquirers and issuers are braced for chaos. This Saturday, highly controversial payment security rules go live across the EU, and although almost all member states have agreed...
Hungary’s central bank has announced it will allow a 12-month transition period before enforcing new strong customer authentication rules for online card payments, due to take legal effect at the...
A coalition of payments industry giants, retail groups and card schemes has written to the European Banking Authority (EBA) urging it to make a decision on how long member states can delay...
Authorities in Denmark have confirmed enforcement of strong customer authentication (SCA) rules will be delayed by 18 months, while neighbouring Sweden has also confirmed it will be flexible around...
The European Payments Council (EPC) has released its final draft on mobile-initiated SEPA credit transfer interoperability implementation guidelines for a three-month public consultation....
Germany has confirmed it will delay enforcement of incoming EU rules on strong customer authentication (SCA) for online card payments, with the country’s regulator and banking lobby blaming...
Poland’s financial regulator will delay enforcement of new strong customer authentication (SCA) rules and is happy to await further clarity on timings from Europe — even if nothing is issued until...
Visa is set to introduce a new scheme fee for payments that use the 3D Secure protocol, despite complaints from acquirers and retail groups that card acceptance costs are spiralling.
Australia’s central bank has again told off banks and acquirers for failing to comprehensively roll out least-cost transaction routing for contactless debit transactions, as industry groups claim...
On August 15, 2019, the Europay, MasterCard, Visa global standard for chip-based debit and credit card transactions (EMVCo) published a draft specification bulletin that included a change to the...
Industry groups say the decision by UK regulators to delay enforcement of strong authentication reforms will help steer firms away from a “cliff edge” next month, despite the decision not to give...
The UK’s Financial Conduct Authority (FCA) has formally agreed to grant payment providers an additional 18 months to comply with new strong authentication rules.
UK firms are hoping to seize on regulators’ increasing leniency around incoming strong customer authentication (SCA) reforms, seeking further flexibility on contactless card transactions.

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