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Danish banks bullish about PSD2 but some concerns linger about SCA
Most banks in Denmark will be ready for PSD2 by its implementation date, although the quality of the APIs will be debated – and there are concerns around the readiness for Strong Customer Authentication (SCA), according to Tobias Thygesen director of FinTech, payment services and governance division at Finanstilsynet.
FCA to postpone implementation date of SCA
The UK’s Financial Conduct Authority (FCA) will give some firms additional time to meet Strong Customer Authentication compliance.
TypingDNA partners with XTN Security to help banks comply with PSD2
TypingDNA has partnered with cybersecurity startup XTN Security to help banks better defend themselves from fraud threats.
European Banking Authority offers clarifications on PSD2’s strong customer authentication
The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.
Europe could lose €57bn following SCA implementation – Stripe study claims
Europe is set to lose €57bn in economic activity in the first 12 months after Strong Customer Authentication SCA takes effect, a study from Stripe claims.
Stripe acquires Touchtech Payments in preparation for looming SCA regulatory requirement
Payments processor Stripe has acquired Dublin-based Touchtech Payments to ready itself for the impending Strong Customer Authentication (SCA) regulation.
Boku acquires identity authentication solution Danal in $112m deal
Billing company Boku has acquired mobile identity and authentication solutions provider Danal in a $112m deal.
