“The European Banking Authority (EBA) published today a Report on the data provided by PSPs on their readiness to apply SCA for the subset of payment transactions that are e-commerce card-based payment transactions. The Report highlights the status of issuing and acquiring PSPs in enrolling online merchants, payment cards and payment service users (PSUs) into SCA-compliant solutions, and in requesting SCA for online payment transactions after 31 December 2020, when the SCA migration period ended. The EBA tracked the progress made by issuing and acquiring PSPs from September 2019 to April 2021 by monitoring a number of indicators that had been set out in the EBA Opinion of 2019 on the deadline for the migration to SCA compliance for e-commerce card-based payment transactions .”

“We have extended our deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14 March 2022.  This further 6-month extension is to ensure minimal disruption to merchants and consumers, and recognises ongoing challenges facing the industry to be ready by the previous 14 September 2021 deadline. The new 14 March 2022 deadline is the latest we expect full SCA compliance for e-commerce transactions. We previously agreed to give firms extra time to implement SCA for card-based e-commerce transactions in response to concerns about industry readiness, and to limit the impact on consumers and merchants. We also provided an additional 6-month extension in response to the coronavirus crisis.”

“Strong Customer Authentication (SCA) testing performed by tech giant Microsoft reveals that consumers are actually leaving their planned purchases at relatively high rates when challenged at the time of checkout. SCA is a European regulatory requirement that aims to reduce or eliminate fraudulent activities and also make digital payments more secure. Businesses may be required to upgrade their authentication methods so that they meet SCA requirements when accepting online payments.”

“NatWest Bank is preparing to comply with the European Union (EU)’s payments security through the development of behavioural biometrics technology. The technology recognises patterns related to how people interact with devices and because it works in the background, does not require the customer to take extra steps. The development, in partnership with Visa, is part of NatWest’s work to comply with the EU’s Strong Customer Authentication (SCA) regulation, which comes into force next year has forced banks to offer additional methods of customer authentication.”

“Payments Europe calls upon the European Banking Authority (EBA) and National Competent Authorities (NCA) to give the industry and businesses more time to the adopt Strong Customer Authentication (SCA) requirements, beyond the current 31 December 2020 deadline for implementation.”

“In the exceptional circumstances of the Covid crisis, we are giving the industry an additional 6 months to implement strong customer authentication (SCA) for e-commerce. This will minimise potential disruption to consumers and merchants. The new timeline of 14 September 2021 replaces the 14 March 2021 date. Firms are required to take all necessary steps to comply with the revised detailed phased implementation plan and critical path to avoid the risk of enforcement action.”

“The European Banking Authority (EBA) published today an Opinion on the deadline for the migration to SCA under the revised Payment Services Directive (PSD2) for e-commerce card-based payment transactions. The Opinion sets the deadline to 31 December 2020 and prescribes the expected actions to be taken during the migration period.”

“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 industry groups and European regulators who agreed that many retailers, banks, consumers and other participants were not ready .”