This week we had the pleasure to listen and participate in several discussions at the Merchant Payments Ecosystem 2021 virtual event where we can strongly say PSD2, SCA and 3D Secure 2 (3DS2) have been, as expected, the most discussed hot topics in many panels from both merchants and payment service providers/ vendor sides. As […]
Strong Customer Authentication (SCA) and PSD2 have been some of the most discussed topics of 2020 in the payments industry, considering the impact on merchants and online consumers. Soft decline staged approaches have been introduced by many different national competent authorities to allow for a transition phase before the full PSD2 2021 enforcement. BaFin (the […]
Strong Customer Authentication (SCA) and PSD2 has been one of the most discussed topics of 2020 in the payments industry, considering the impact on merchants and online consumers. For many, this seems to be a never-ending story, with the original enforcement date of 14th Sep 2019 postponed to the end of 2020 due to the […]
With only a few weeks to go before the PSD2 SCA enforcement, some online merchants are working hard to get ready with their 3D Secure implementation but others are already looking to the future at improving their customer check-out experience, considering solutions such as delegated authentication, obviously for very good reasons. In Ecommerce, merchants want […]
For most of the countries within the European Economic Area (EEA), the enforcement date for PSD2 and Strong Customer Authentication is right behind the corner. There has been a lot of talking during the past two years about PSD2 enforcement, 3D Secure 2 and its impact on the payment industry. As a solution, the new […]
Less than four months are left before the PSD2 enforcement for many countries within the European Economic Area planned for 31st December 2020. Hear a direct experience from merchant payemtn experts Aristotelis Lefas ( Delivery Hero) and Philipp Luhr- Tranck ( Free Now) in a live discussion with Payment-Universe consultants Pierre Jauffret and Marco Conte. […]
EBA recently provided a clarification on the usage of tokenized card data as possession element for SCA. While physical card details are not considered as a valid element, EBA recently clarifies that tokenized card data may constitute a valid possession element for Strong Customer Authentication. Tokenization is the process of protecting sensitive data (Card Data) by replacing […]
There has been a lot of talks and discussions around PSD2 during the last years and a lot of attention has been paid to what are the best ways to minimize SCA friction, the number of challenges that will be presented to cardholders in order to complete payments and how to maximize Risk-Based Authentication (RBA). […]