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The technical specification ETSI TS 119 495 defines a standard for implementing these requirements. PSD2 went into full effect on 14 September 2019, but due to delays in the implementation, the European Banking Authority allowed for a time extension of the strong customer authentication (SCA) until 31 December 2020. [16] [17]
Strong customer authentication (SCA) is a requirement of the EU Revised Directive on Payment Services (PSD2) on payment service providers within the European Economic Area. The requirement ensures that electronic payments are performed with multi-factor authentication , to increase the security of electronic payments. [ 1 ]
To achieve this objective, the Berlin Group established a pure technical standardisation body, focusing on detailed technical and organisational requirements. [1] This common API standard is called "NextGenPSD2" after the PSD2 directive and was developed to create uniform and interoperable communications between banks and third-party processors ...
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English: These Regulations transpose in part Directive 2015-2366-EU of the European Parliament and of the Council of 25th November 2015 on payment services in the internal market, amending Directives 2002-65-EC, 2009-110-EC and 2013-36-EU and Regulation (EU) No. 1093-2010, and repealing Directive 2007-64-EC (OJ L 337 23.12.2015, p.35) also known as the Revised Payment Services Directive or ...
An Azerbaijani airliner carrying 67 people crashed near the city of Aktau in Kazakhstan on Wednesday, killing at least 38 who were on board, according to a Kazakh official.
PwC hosts "prompting parties" to help employees experiment with generative AI tools. The firm's chief learning officer said employees needed a safe, low-stakes format to experiment with it.
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, a battle that could make it all the way to the highest US court.