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On October 8, 2015, the European Parliament adopted the European Commission proposal to create safer and more innovative European payments (PSD2, Directive (EU) 2015/2366). The new rules are devised to further protect consumers as open banking and mobile payments continue to become more popular.
The revised Payment Service Directive (PSD2) provides banks and service providers with more robust security framework that consumers are seeking. The new European regulation mandates Strong Customer Authentication (SCA) procedures for online banking services and mobile payments in order to combat fraud.
Watch this informative, on-demand webinar to receive a checklist on how to become PSD2 compliant regarding mobile devices and multi-factor authentication. You will learn: