Strong Authentication And API Issues A Perfect Storm For Account Aggregators
Fintech firms that aggregate customers’ account data are complaining that banks’ preparations for new EU-level …
Lithuania: Parliament Completes Amendments to AML Act VIII-275 for Transposition of 5th AMLD
On September 18, 2019, the Lithuanian parliament (Seimas) published amendments to the Money Laundering and Terrorist …
Campaigners Seek New Laws On UK Cash Crisis, Say Industry Action 'Not Enough'
Campaigners have written to UK Chancellor Sajid Javid pleading for new legislation that protects free …
New Payments Behemoth Emerges As EU Approves $21.5bn Merger
The European Commission has approved a $21.5bn merger between payment giants TSYS and Global Payments …
UK Tells Firms To Put Brakes On Contactless SCA
The UK’s Financial Conduct Authority (FCA) has urged issuers and acquirers to avoid changing how …
Finnish Banks Fail To Meet Demands On APIs, Regulator Reveals
Finland’s financial regulator has revealed that some of the country’s banks failed to meet requirements …
Industry Braces For Chaos On Eve Of Card Security Reforms
European retailers, acquirers and issuers are braced for chaos. This Saturday, highly controversial payment security …
Austria Grants Open Banking Delay Over 'Deficient' APIs
Austria regulators have announced they will delay enforcement of impending account access reforms and allow …
France Tells Firms To Adopt 3D Secure Within 18 Months
France’s central bank will require all online card transactions to be sent over the 3D …