The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking...
The European Union financial watchdog said that payment companies should use more contactless payments to help curb the spread of the coronavirus, according to a...
EU merchants, PSPs, and FIs watched as the strong customer authentication (SCA) deadline passed — then went right back to asking questions that regulators haven’t...
SCA requirements take effect on Sept. 14, meaning banks, issuers and merchants have just over a month to become compliant. Noncompliance could have a serious...
There may be extensions to Strong Customer Authentication's (SCA) rollout this fall — and there may not. And, there may be exemptions granted by the...
The European Banking Authority (EBA) published an opinion on strong customer authentication (SCA) under the revised Payment Services Directive (PSD2), acknowledging that implementing the new...
Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. Get the Full...
Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported. Get the Full...