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Uk Regulator Offers 18month Delay For Strong Customer Authentication Rules - Latest News

UK regulator offers 18-month delay for Strong Customer Authentication rules

The UK's Financial Conduct Authority (FCA) has confirmed an 18-month delay to the introduction of Secure Customer Authentication (SCA) rules for e-commerce transactions. From September, the SCA ... read more

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UK finance regulator gives extra time for companies to meet payment security rules

The Financial Conduct Authority has given payments and e-commerce firms an extra 18 months to meet the European Union (EU)-wide Strong Customer Authentication (SCA) rules. SCA ... It added that at the ... read more

FCA Gives Firms More Time to Comply With Strong Authentication Rules

The UK’s financial regulator ... authentication rules mandated by PSD2. The Financial Conduct Authority (FCA) said yesterday that it would provide card issuers, payments firm and online retailers with ... read more

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UK regulator agrees to 18-month phase in of customer authentication rules

The U.K.-based Financial Conduct Authority agreed to delay the implementation of an 18-month phased implementation of stronger customer authentication requirements, following numerous requests from ... read more

FCA to delay online payments rules after threat to sales

The UK’s Financial Conduct Authority is set to delay enforcement of new EU online payments regulations by more than 18 months, after warnings that the rules would hamstring online sales. New “strong ... read more

UK’s FCA delays PSD2 SCA deadline to secure payments – good or bad news for consumers and retailers?

Strong customer authentication rules to be delayed by 18 months: but is that good or bad news for retail? The UK’s Financial Conduct Authority (FCA) has confirmed an 18-month delay to the ... the ... read more

Payments Industry Warns of SCA “Disaster” – Pleads for 18 Month Extension

has called for a minimum 18-month delay to the introduction of Strong Customer Authentication (SCA) rules under PSD2 – just eight weeks ahead of a looming deadline for implementation. In a desperate ... read more

Central Bank of Ireland to delay roll out of SCA rules

The Central Bank of Ireland has followed the lead of the Bank of England and announced a delay to the roll out of Strong Customer Authentication (SCA) rules. National regulators ... 18-month delay to ... read more

Thousands without mobiles could be frozen out of online payments

TSB is the only bank so far to say that it will offer ... rules. But it seems unlikely the UK’s regulators would row back on a policy that is designed to make online payments safer and reduce fraud. A ... read more

Why PSD2 adoption in the Netherlands is lagging behind

Van der Kroft compared the Netherlands’ position to that of the UK, where open banking is more advanced with legislation separate from PSD2, the Competition and Markets Authority’s open banking rules ... read more

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