PSD3 sets out more extensive Strong Customer Authentication (SCA) regulations and stricter rules on access to payment systems and account information. PSD3 aims to protect consumers’ rights and personal information while improving competition in the payments industry.

2024年11月28日 · With PSD3, European regulators aim to address some of the limitations and challenges of SCA under PSD2, proposing enhancements that focus on three main areas: user experience, security standards, and regulatory alignment. Here’s what we can expect: 1. More Refined SCA Exemptions.

2024年11月26日 · To support cross-border and cross-currency payments, PSD3 aims to establish increased transparency and reporting requirements to allow for improved tracking and authentication for payments. The directive calls for clear foreign exchange rates so consumers can evaluate rates from various providers, as well as clear settlement times.

2024年9月17日 · It also changed how third-party payment providers can get permissioned access to bank accounts and handle payments, and it introduced Strong Customer Authentication (SCA) to make payments more secure.

Obtain expert information about the latest changes related to SCA and APP fraud protection. According to the latest draft proposal, notable changes affect SCA mechanisms, accessibility requirements, unpdated liability schemes, and more. New types of banking and payment fraud are rapidly increasing and have driven regulators to adapt PSD2.

2023年7月21日 · Accordingly, these options generally seek to improve the application of a strong customer authentication (SCA) against criteria included in the PSR, shifting of liability to PSPs corresponding to their augmented role and competencies and requiring the creation of dedicated data access interfaces and “permission dashboards” for payment ...

2025年2月12日 · In our latest white paper, PSD3: Current status of SCA and authorised push payment fraud prevention requirements, we discuss the current state of this regulatory overhaul, focusing on upcoming proposed legislative changes in two key areas: strong customer authentication (SCA) for digital banking and payments, and the prevention of APP fraud.

In this paper, we discuss the current state of this regulatory overhaul, focusing on upcoming legislative changes in the areas of strong customer authentication (SCA) for digital banking and payments on the one hand and prevention of authorised push payment (APP) fraud on the other.

2024年9月23日 · PSD3 is a proposed update to the second European Union’s Payment Services Directive (PSD2) that provides rules for the authorization and supervision of non-bank payment service providers (PSPs) in the EU. The PSD3 aims to protect consumers’ rights and personal information while fostering healthy competitiveness in the digital payments sector.

2023年10月12日 · PSD3 introduces significant changes to the SCA and multi-factor authentication standards. It revamps SCA substantially by aiming to create a unified financial API for SCA across the EEA, SEPA, and partner countries.