PSD2 – Can your transaction risk analysis and strong customer authentication comply?

February 23, 2017 the European Banking Authority (EBA) released the Final Report of the Draft Regulatory Technical Standards on Strong Customer Authentication and Common Secure Communication for the Payment Services Directive 2 (PSD2). This final report heralded a welcome change in the EBA’s position on the exemption to Strong Customer Authentication (SCA) based on transaction…

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PSD2 – Can your transaction risk analysis and strong customer authentication comply?

February 23, 2017 the European Banking Authority (EBA) released the Final Report of the Draft Regulatory Technical Standards on Strong Customer Authentication and Common Secure Communication for the Payment Services Directive 2 (PSD2). This final report heralded a welcome change in the EBA’s position on the exemption to Strong Customer Authentication (SCA) based on transaction…

The post PSD2 – Can your transaction risk analysis and strong customer authentication comply? appeared first on Speaking of Security – The RSA Blog.

Continue reading PSD2 – Can your transaction risk analysis and strong customer authentication comply?

The Value of Transaction Risk Analysis for Consumer Authentication

The recent consultation paper set forth by the European Banking Association (EBA) surrounding the call for comments on the regulatory technical requirements for strong customer authentication under PSD2 has created a buzz.  In particular, while the EBA recognizes the “merit” of transaction risk analysis, it has called into question the ability to allow it “as…

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