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The Revised Payment Services Directive (PSD2, Directive (EU) 2015/2366, [1] which replaced the Payment Services Directive (PSD), Directive 2007/64/EC [2]) is an EU Directive, administered by the European Commission (Directorate General Internal Market) to regulate payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA).
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 ...
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 ]
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2021 c. 3 11 February 2021 An Act to make provision about a Commissioner for Patient Safety in relation to human medicines and medical devices; confer power to amend or supplement the law relating to human medicines, veterinary medicines and medical devices; make provision about the enforcement of regulations, and the protection of health and ...
More than two years after the entry into force of the PSD2 provisions, which took place on 13 September 2019, the European Commission announced the commencement of the review procedure of the Directive. [21] On 18 October 2021, the European Commission submitted a call for advice to the European Banking Authority (EBA). [22]
The company experienced a system issue that affected multiple products including account withdrawals, peer-to-peer payment service Venmo, online checkout and crypto. PayPal said the issue, which ...
The following is a list of regulators in the UK. Regulators exercise regulatory or supervisory authority over a variety of endeavours. In addition, local authorities in the UK provide regulatory functions in a number of areas. Professional associations also act to regulate their memberships. The UK is also bound by a number of European and ...