European Banking Authority

EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA

EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA
EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA
August 09, 2019  |  Legal & Regulation

Twenty-five percent of EU merchants are unaware of PSD2’s SCA requirement — and even more are unprepared. And come Sept. 14, exemptions and extensions aside,...

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Ready Or Not, Strong Customer Authentication Is Coming
Ready Or Not, Strong Customer Authentication Is Coming
August 09, 2019  |  Legal & Regulation

As September approaches, the deadline for EU merchants to implement Strong Customer Authentication (SCA) is looming. But according to the PSD2 Tracker, as many as...

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PSD2, SCA And Exemptions To The Extension
PSD2, SCA And Exemptions To The Extension
July 23, 2019  |  Authentication

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...

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ECB Head Advocates EU Bank Consolidation
ECB Head Advocates EU Bank Consolidation
July 05, 2019  |  Banking

European Central Bank Supervisor Andrea Enria said that the banking system in Europe is operating with excess capacity, and that there should be some mergers...

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What SCA Means For Europe And Beyond
What SCA Means For Europe And Beyond
June 26, 2019  |  Legal & Regulation

With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for all electronic payments...

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EU Watchdog Calls For Money Laundering Reform
EU Watchdog Calls For Money Laundering Reform
April 28, 2019  |  Cybersecurity

The European Banking Authority is facing calls from the financial regulation head in Europe to improve its money laundering safeguards after opting not to pursue...

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Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
March 03, 2019  |  Europe

Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of customers. While national...

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Consumer Lending In UK Declines Amid Brexit Uncertainty
Consumer Lending In UK Declines Amid Brexit Uncertainty
January 04, 2019  |  Economy

The pre-Brexit decline in the U.K. economy is showing further signs as lending to consumers in the country increased at the slowest pace in close...

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