European Fintech Alliance hits back at EBA over screen-scraping

The Future of European Fintech Alliance – Commenting on EBA’s opinion on the European Commission’s amendments to the RTS on authentication and communication under PSD2

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The Future of European Fintech Alliance (the Alliance), consisting of 72 European fintechs, challenger banks and fintech associations, has reviewed the EBA’s opinion on the RTS on authentication and communication dated 29 June 2017. The EBA disagrees with the European Commission’s proposal to allow TPPs to use the customer-facing online interface of the ASPSP in case the dedicated interface offered by the ASPSP is unavailable or does not function as it should. The EBA instead puts forward an “alternative approach”

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