Nocashevents Central Bank of Ireland to skip deadline to implement SCA for e-commerce transactions under PSD2

Central Bank of Ireland to skip deadline to implement SCA for e-commerce transactions under PSD2

The Central Bank of Ireland (CBI) has followed the lead of the Bank of England and announced a delay to the roll out of Strong Customer Authentication (SCA) rules. National regulators have been given additional leeway by the European Banking Authority to extend the September deadline for the introduction of the new rules in order to give firms more time to prepare. E-commerce businesses have warned that more than a quarter of […]

Nocashevents UK’s Financial Conduct Authority to delay enforcement of new EU online payments regulations by more than 18 months

UK’s Financial Conduct Authority to delay enforcement of new EU online payments regulations by more than 18 months

The UK’s Financial Conduct Authority is set to delay enforcement of PSD2’s SCA by more than 18 months, after warnings that the rules would threat online sales, according to Financial Times. New “strong customer authentication” rules, which will require most online payments to go through an extra level of verification to reduce fraud, are due to be introduced in September, but industry groups said that a lack of preparedness would make […]

Nocashevents PSD2: transitional period for strong customer authentication for online card payments in Italy

PSD2: transitional period for strong customer authentication for online card payments in Italy

In accordance with the decisions taken at European level, the Bank of Italy has decided to provide the Italian financial industry additional time to complete the adjustments required by law concerning the security of card-based online payments. The second Payment Services Directive (PSD2) and the related regulatory technical standards set 14 September 2019 as the deadline for the mandatory adoption by banks and other payment service providers of strong customer […]

Nocashevents The international fintech conference - Banking 4.0 has established its Advisory Board. The premieres of the event.

The international fintech conference – Banking 4.0 has established its Advisory Board. The premieres of the event.

Scheduled for November 25 and 26 at the Athenee Palace Hilton in Bucharest, the second edition of the International Fintech Conference Banking 4.0 set its priorities during the first meeting of the Advisory Board. Most of these priorities are innovations for events in this business category – fintech. As the conference focuses on emerging technologies that will change the financial-banking industry (AI, biometrics, blockchain, machine learning, Robotic Process Automation), this […]