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, that could cost them big. More than a third or more of their payments could fail for lack of compliance,...
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 60 percent of these merchants aren’t ready. A significant share of European merchants remain unaware of SCA, and those that...
Strong Customer Authentication (SCA) will officially roll out in one month. The regulation is aimed at protecting consumers and merchants alike from fraudsters and other online criminals wishing to access their financial information, which means increased security at online checkout. While the reason for the...
The National Retail Federation (NRF) and EuroCommerce have announced they are working together to develop a unified approach on implementing new EU data protection regulations. NRF, the world’s largest retail trade association, and EuroCommerce, the principal European organization representing the retail and wholesale sector, came...
September 12, 2023
The European Commission (EC) has proposed that all small and medium-sized businesses (SMBs) must be paid within 30 days. The new proposal for regulation on late payments in commercial transactions says that payment delays are “an unfair practice that compromises the cash flow of [SMBs] and hampers the competitiveness and resilience of supply chains,” the EC said […]
October 10, 2017
The National Retail Federation (NRF) and EuroCommerce have announced they are working together to develop a unified approach on implementing new EU data protection regulations. NRF, the world’s largest retail...
