Much has been made about how the secret to successful strong customer authentication (SCA) is in the details — the exemptions, the exclusions, the version of 3DS in play. But one other detail, one ... In the realm of PSD2, there is yet another three-letter abbreviation which is super important.

Understanding the Context

SCA or Strong Customer Authentication is a cornerstone pillar which allows open banking in the EU and the ... Along with the added security that the newly enforced Strong Customer Authentication (SCA) introduced for online retailers in the UK comes added complications when determining the most efficient and ... Checkout.com, which recently raised $1 billion at a $40 billion valuation, notes that Strong Customer Authentication (SCA) is now “mandated across all of Europe and businesses have had to make changes ... Nationwide Building Society has said it is preventing 2000 additional online shopping fraud attempts, following the introduction of technology to comply with Strong Customer Authentication (SCA) ...

Key Insights

Strong customer authentication (SCA) rules for e-commerce have come into force in the UK today following delays due to the COVID-19 pandemic. The new measures mean UK shoppers will have to provide a ... Finextra: EBA Strong Customer Authentication - The End of Frictionless Card Payments? In today's landscape, safeguarding your customers from threats and ensuring a seamless payment experience is more critical than ever before. Enter Know Your Customer (KYC) and Strong Customer ...

Final Thoughts

Finextra: EBA clarifies the application of strong customer authentication requirements to digital wallets EBA clarifies the application of strong customer authentication requirements to digital wallets Computer Weekly: Nationwide stops thousands more attempted frauds with Strong Customer Authentication