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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 ]
The starting point for the work on the scheme was PSD2 services provided by European credit institutions, which would remain free of charge for third parties. Other services – referred to as value-added services, premium services or extended services – could be monetised by credit institutions based on the rules adopted in the scheme.
And also, there’s a lack of legal authorities and rules and regulations to enable them to do what they have to do to protect the homeland,” he said.
Elon Musk and Vivek Ramaswamy—two billionaire entrepreneurs and new Trump administration advisors—are making bold promises. Namely: This week, the duo told Congress that through their advisory ...
NFL Commissioner Roger Goodell on Wednesday said the league is aware of a lawsuit that accuses musician Jay-Z of rape but said it is not impacting the NFL's partnership with the rap mogul's Roc ...
With effect from 14 September 2019, the FCA introduced strong customer authentication rules as required by the Revised Directive on Payment Services (PSD2), [8] aiming to reduce fraud and improve security by requiring payment services providers to use two of the following three types of authentication when customers make online payments over ...