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The Financial Conduct Authority (FCA) has published an updated version of the FCA Handbook to give companies ample time to prepare before the Brexit transition period is over.
Second-Factor Authentication (2FA) has been implemented across Europe under the PSD2 regulation and is helping protect consumers with online fraud. In a new case study, Electronic IDentification has explored the technology.
Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.
With the coronavirus putting a lot of pressure on businesses, the UK Financial Conduct Authority has yet again extended the deadline for Strong Customer Authentication (SCA).
Financial services technology developer FIS has launched its 3DS Flex solution which will help companies overcome the challenges being brought by strong customer authentication (SCA).
Personal finance app Yolt has decided to remove support for HSBC credit cards and savings accounts, following PSD2 developments.
Salt Edge has released a new open source tool to support strong customer authentication (SCA) and dynamic linking processes.
The new strong customer authentication (SCA) rules snapped into force this weekend. However, Barclaycards has so far not seen any an increase of abandoned transactions or declined payments.
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.
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.