PSD2: EBA Consults On Strong Customer Authentication And Common And Secure Communication – Finance and Banking – European Union

PSD2: EBA Consults On Strong Customer Authentication And Common And Secure Communication – Finance and Banking – European Union

PSD2 entered into force on 12 January 2016 and will replace the current Payment Services Directive (in force since 2007) as of 13 January 2018. Under PSD 2, EBA has a role to develop (in close cooperation with the European Central Bank) a range of draft regulatory technical standards (RTS) specifying, amongst other, the requirements of strong customer authentication and the exceptions thereto.

Sourced through Scoop.it from: www.mondaq.com

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