The payments industry is experiencing major structural changes that create new opportunities for various stakeholders in the value chain, especially in the airline industry.Drivers of change for payments include:
Read a joint article by Martin Koderisch and Grégoire Toussaint who provide an update on Strong Customer Authentication (SCA) and the current status of the available exemptions. SCA is coming PSD2 came into effect on 13th January 2018 in the European Union (EU), and we are now in a transitionary period lasting till 13th September 2019 when rules regarding the use of Strong Customer Authentication (SCA) will apply.
It is July 2018 and PSD2 is already 6 months old. The UK’s Open Banking framework has also entered its 2nd Phase. But has anything concrete really happened or is all the hype just going to slowly fade away? What is the status of the open banking dream that is supposed to fundamentally change payments for consumers and businesses alike?
This article outlines how the introduction of PSD2's Strong Customer Authentication (SCA) will likely fuel the rise of identity theft fraud, and how the early notification of data breaches and appropriate response strategy, as required under Europe's new data protection laws (GDPR), are critical to combatting ID theft fraud.
This article describes the key themes of the General Data Protection Regulation (GDPR) to help retailers understand the new legal framework in the EU and the UK for the protection of personal consumer data. Brexit will have no impact, the GDPR will apply in the UK from 25 May 2018, just as it will across the rest of Europe and beyond.
Data portability is a key feature of GDPR. In our previous article we provided an overview of what GDPR is. In this second article, we discuss the concept of ‘data portability’ in the context of GDPR. Just to recap, the General Data Protection Regulation will apply from May 2018.