PSD2 is fast approaching. Don’t bury your head in the sand

The PSD2 deadline is just seven months away, and we all know just how quickly time flies. Market feedback suggests that many financial institutions are still in the ‘reflection’ phase. So far, this year we have seen the EBA (European Banking Authority) publish the Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) and common and Secure Communication (SC) – this, in hand with the approaching PSD2 deadline, will force these banks to increase their efforts.

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

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