EBA Draft Regulatory Technical Standards on Strong Customer Authentication and Secure Communication
Briefing
22-03-2017
Art. 98 PSD2 mandated the European Banking Authority (EBA) to prepare draft Regulatory Technical Standards on strong customer authentication and secure communication (RTS on SCA&SC) in close cooperation with the ECB. After extensive consultation, the EBA finalised the draft on 23 February 2017 in the light of the feedback received. The final draft RTS balances the possibility for new providers and new payment services, with the introduction of a framework that ensures common IT approaches which ensure a high level of security, e.g. by proper authentication of the payer.
Briefing
About this document
Publication type
Keyword
- data processing
- EDUCATION AND COMMUNICATIONS
- electronic banking
- EU institutions and European civil service
- European Banking Authority
- EUROPEAN UNION
- FINANCE
- financial institutions and credit
- financial legislation
- financial services
- free movement of capital
- information security
- information technology and data processing
- intra-EU payment
- monetary economics
- payment system