German E-Commerce Buckles Under SCA Pressure
German merchants are struggling with strong customer authentication (SCA), with a third of transactions failing, which …
EU: Digital Operational Resilience Act (DORA) Proposal
On September 24, 2020, the European Commission adopted the Digital Operational Resilience Act for the …
Member States Face Legal Action With SCA Ramp Ups - QED
EU law is an obligation for member states, the EU’s payments head said following the …
Pandemic Has Payments Sector On The Ropes, New FCA Data Shows
The UK payments and e-money sector has taken a battering during the coronavirus pandemic, with …
Digital Markets Unit To Tame Bigtech Takeover Of UK Financial Services
The UK’s new Digital Markets Unit could be the beginning of a new regime to …
United States: Introduction of the SAFE DATA Act
On September 17, 2020, U.S. senators introduced a bill to establish data privacy and data …
No SCA Progress Since Summer, With Many Countries Lagging Behind
Several EU countries are too far behind in their preparedness to be ready in time, …
EU Digital Finance Strategy Package
On September 24, 2020, the European Commission published a digital finance package, the main objective …
Malaysia: Financial Watchdog Deepens E-KYC Regulation
On June 30, 2020, the Bank Negara Malaysia (BNM), the central bank of Malaysia, published …