Category Archives: PSD2

2022 Industry Threat Recap: Finance and Insurance

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The finance and insurance sector proved a top target for cybersecurity threats in 2022. The IBM Security X-Force Threat Intelligence Index 2023 found this sector ranked as the second most attacked, with 18.9% of X-Force incident response cases. If, as Shakespeare tells us, past is prologue, this sector will likely remain a target in 2023. […]

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Stop Fraud, Not Customers: 3 Reasons I Joined RSA

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RSA Fraud and Risk Intelligence CMO Armen Najarian recently joined the business unit to help spearhead a new phase of investment and growth. In this blog he explains his rationale for making a move to RSA. Among his reasons are the rapid growth in paym… Continue reading Stop Fraud, Not Customers: 3 Reasons I Joined RSA→

How the Edge Improves Microservices

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Microservice architecture has transformed the way we develop and operate our applications. Microservices aren’t a technology or a programming language. Instead, they create a structure for designing and building applications based on the idea that the individual functions of a website should operate independently. From this simple concept comes a multitude of benefits including: Continue reading How the Edge Improves Microservices→

How the Edge Improves Microservices

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Microservice architecture has transformed the way we develop and operate our applications. Microservices aren’t a technology or a programming language. Instead, they create a structure for designing and building applications based on the idea that the … Continue reading How the Edge Improves Microservices→

The Open Banking API Security Imperative

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The second Payment Services Directive (PSD2) in Europe, which requires banks to open their payment services to third parties via a series of APIs, has enabled a range of new FinTech products that make it easier for consumers and businesses to manage th… Continue reading The Open Banking API Security Imperative→

Ensuring Compliance With EU Payment Services Directive (PSD2)

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September 14, 2019 is the deadline by which all payment service providers within the European Union must comply with PSD2’s Regulatory Technical Standard (RTS) pertaining to the requirements of the revised Payment Services Directive (PSD2). In th… Continue reading Ensuring Compliance With EU Payment Services Directive (PSD2)→

Online shops fear 2FA at checkout will increase abandoned carts

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A report says the EU will lose $64b per year once new 2FA rules go into effect, but we support Strong Customer Authentication (SCA) wholeheartedly. Continue reading Online shops fear 2FA at checkout will increase abandoned carts→

How to (better) implement secure APIs in an Open Banking Partnership – Part Two

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Take a closer look at the reference architecture of APIs for Open Banking and how financial institutions and FinTechs can safely share data.
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Strong Customer Authentication: Why Consider Adaptive Methods and Tools

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Complying with the revised Payment Services Directive (PSD2) is currently a key priority for financial institutions (FIs) in Europe and beyond. In particular, financial institutions need to comply with the requirements related to Strong Customer Authe… Continue reading Strong Customer Authentication: Why Consider Adaptive Methods and Tools→

How Raiffeisen Italy Achieved PSD2 Compliance with Mobile Authentication & Mobile App Shielding

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Raiffeisen Italy is the umbrella organization for 40 entities of Raiffeisen Bank in the Italian province of South Tyrol. Overseeing the IT services for these member banks, Raiffeisen Information System CIO Alexander Kiesswetter modernized Raiffeisen I… Continue reading How Raiffeisen Italy Achieved PSD2 Compliance with Mobile Authentication & Mobile App Shielding→