17 September 2019

Latest articles for European Banking Authority (EBA)

 

EBA to relax controversial PSD2 authentication rules

21 February 2017  |  24387 views  |  8 News

The European Banking Authority is to relax proposed rules on a requirement for strong customer authentication for all payments under EUR10, after being on the receiving end of a volley of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout.

 

EBA bends under weight of PSD2 mandates

07 December 2016  |  17450 views  |  2 News

The European Banking Authority is struggling to keep pace with the timetable for the delivery of Regulatory Technical Standards (RTS) for the revised Payments Services Directive (PSD2), after being overwhelmed by the large volume of responses to market consultations.

 

EBA told that tougher authentication will have a "chilling" effect on single market

28 November 2016  |  9079 views  |  5 News

A cross-industry letter signed by 39 European and national organisations in the payments value chain has hit out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions under the revised Payments Service Directive (PSD2).

 

Visa slams European plans for stronger online transaction authentication rules

22 November 2016  |  14627 views  |  7 News

Visa has lashed out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions over EUR10, claiming that they will lead to more declined transactions, complicated checkouts and abandoned purchases.

 

EBA responds to EC's virtual currency AML plans

12 August 2016  |  7075 views  |  0 News

The European Banking Authority (EBA) has called on the EC to postpone plans to bring virtual currency exchanges and wallet providers under the scope of a new Anti-Money Laundering Directive.

 

Brexit: Visa could move jobs to continent, LSE-Deutsche Bourse London HQ at risk

29 June 2016  |  10398 views  |  1 News

The Brexit fallout continues, with concerns rising that Visa might move hundreds of jobs out of the UK, the London Stock Exchange's merger with Deutsche Bourse could be hampered, and the City's role running euro clearing is under threat.

 

EBA looks into financial institutions' use of consumer data

05 May 2016  |  8983 views  |  0 News

The European Banking Authority has kicked off a debate about the benefits and risks associated with the ever-growing amounts of consumer data available to financial institutions.

 

European regulators take a closer look at robo-advisors

04 December 2015  |  9966 views  |  0 News

The Joint Committee of the three European Supervisory Authorities – EBA, EIOPA and Esma – has opened up a debate about the risks and benefits of robo-advisors in financial markets.

 

European rulemakers put big data under the microscope

05 October 2015  |  6608 views  |  0 News

European supervisory authorities are to undertake a review of the use of big data to profile and target consumers by the bloc's major banking groups.

 

Card fraud rises across Europe - ECB

22 July 2015  |  17587 views  |  10 News

The European Central Bank (ECB) has reported an eight percent increase in fraud among cards issued or acquired within the Single Euro Payments Area (Sepa) for 2013.

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