The Hungarian National Bank provides card issuers and acquirers an additional 12 months to comply with PSD2 strong customer authentication

On 10 September 2019, the Hungarian National Bank (HNB) issued a press release (available in English here) in which it provides Hungarian cards issuers and acquirers with additional time to comply with the PSD2 strong customer authentication (SCA) requirements, as implemented within Hungarian, but only in relation to online card-based payments. Pursuant to PSD2 and the related regulatory technical standards for strong customer authentication and common and secure open standards of […]