Tag: PSD2

PSD2: putting an end to confusion between one-time password (OTP) and strong authentication!

AuthenticationEng

The Annual Report of the “Observatory for Payment Card Security for the financial year 2017 published by Banque de France on Tuesday, 10 July 2018 (in French), intends this year to provide operational insights on PSD2 regulation, which entered into force on 13 January 2018 and the set of RTS rules to be applied by latest on 14 September 2019.

In doing so, it contradicts some ideas commonly received. What needs to be retained?

PSD2: impacts on Core Banking System (CBS)

euro-165852_1280

In addition to a wider scope than the first, the PSD2 also implements new services such as payment initiation and accounts information that have an impact on the CBS or the information system of banks and financial institutions.

Read more

© Copyright SAB2I 2015