Four news stories.
• Should EBA be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should EBA be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
The central role traditionally played by banks in the European payments ecosystem “may be coming under challenge” as some specialist payments providers reach double-digit growth rates in payment revenues, according to a report jointly published by the Euro Banking Association and McKinsey & Company... More
The European Banking Authority (EBA) has issued a new Opinion that provides the European payments industry with an EU-wide additional 15 months to comply with strong customer authentication (SCA) requirements for online ecommerce transactions... More
EPSM recommends harmonised migration plans on PSD2-SCA — EPSM — “To avoid significant acceptance disruptions, EPSM recommends that all regions should agree an additional timeframe of 18 months for standard applications, as well as up to 36 months for challenging applications, such as those in the travel and hospitality sector. This will deliver an EU-wide harmonised migration approach by the EBA and the 28 national regulators for remote card payments.”
Euro Banking Association paper analyses cryptotechnologies in international payments — Euro Banking Association — “Our information paper shows how this technology could support industry players in meeting user expectations regarding speed, transparency and cost. We strongly believe that collaborative initiatives in this area, in particular, could unlock significant value for payment service providers and their customers.”