Tag: PSD2

Nearly half of UK consumers are likely to abandon future purchases if they are faced with a multi-step authentication process, a study from Forter claims.

The Financial Market Supervision in Austria (FMA) has issued a temporary extension for PSD2 interfaces, to ensure a seamless functioning of payment transactions.

Postponements to strong customer authentication (SCA) was the right decision, but regulators must make it clear there will not be a second opportunity for meeting compliance, according to Michael Sass vice president, market product management, security solutions, Europe at Mastercard.

Worldline, a payment and transactional services provider, has revealed its acquiring and e-commerce platform are backed by 3D Secure 2 technology, ahead of impending PSD2 SCA deadline.

Travel company Amadeus is leveraging CyberSource’s 3-D Secure (3DS) 2 authentication technology to help meet Strong Customer Authentication (SCA) compliance.

Behavioural analytics platform Featurespace has developed a PSD2-ready fraud solution which can be quickly integrated into banks.

With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.

Germany’s Federal Financial Supervisory Authority (BaFin) has made a temporary measure which allow online payments that do not meet strong customer authentication requirements.

Wirecard, digital financial technology developer, has released a new fast track to PSD2 onboarding through its digital Financial Commerce platform.

Ernst & Young (EY) has partnered with Open Banking Nigeria to build and advocate a standard application programming interface (API) for the country’s financial services industry.