On September 23, 2019, the French Prudential Supervision and Resolution Authority (ACPR) released a report from a working group called “Forum Fintech ACPR-AMF”, made up of representatives of...
Europe’s banking lobby has called on the European Banking Authority to put in place a harmonised non-enforcement period of 18 months for new authentication rules for online card payments.
Fintech firms that aggregate customers’ account data are complaining that banks’ preparations for new EU-level security rules are “damaging” their businesses.
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...
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...

Pages