New EU Strong Customer Authentication Standards: Implications for Payment Service Providers

By JOHN M. CASANOVA, MAX CHARLES SAVOIE, GRACE WYATT AND ABI TWIST Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. These regulatory technical standards …

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