A comprehensive fix for digital identity would be a vital step towards making open banking in the U.S. a success, according to a panel of experts called before lawmakers on Thursday.
France’s central bank will require all online card transactions to be sent over the 3D Secure system by March 2021, as part of its decision to delay enforcement of impending strong customer...
On September 2, 2019, the Ministry of Finance published a report by the steering committee on fintech-related issues. ...
The UK’s Financial Conduct Authority (FCA) has hit out at the enablers of an “epidemic” of fraud, led by a surge in investment scams that are largely peddled online.
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...
UK banks are formally proposing to introduce a new fee on Faster Payments transactions to fund reimbursement of victims of account transfer fraud, despite earlier opposition from lawmakers.
Belgium will allow payment providers extra time to comply with incoming EU rules on strong customer authentication (SCA) for online card payments, as more regulators look to the European banking...
Pay.UK has published a call for information on a proposal by seven participants to introduce a Faster Payments Service (FPS) rule requiring the payment of a contingent reimbursement model (CRM) fee...
UK e-money firm Moorwand is facing claims from alleged investment fraud victims that it processed payments for two online trading scams, an investigation by PaymentsCompliance has found.
Greece’s central bank has joined the ranks of national regulators granting payment services providers respite from enforcing incoming EU rules on strong customer authentication (SCA) for online...
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...
On August 20, 2019, the Financial Supervisory Authority (Finanstilsynet) announced that it will grant an extension to the deadline of September 14, 2019 to payment service providers (PSPs) for the...
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...
The European Banking Authority (EBA) has further narrowed the lane for fintechs when it comes to access to customer accounts, rejecting industry proposals for a workaround when third parties are...
Malta’s central bank has confirmed that payment service providers in the online gambling hub will be allowed to delay compliance with EU rules on strong customer authentication (SCA) of online...

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