The European Banking Authority (EBA) published an opinion on strong customer authentication (SCA) under the revised Payment Services Directive (PSD2), acknowledging that implementing the new standards might be difficult for some merchants. Businesses and banks have expressed their concerns over the EBA’s new standards that...
In January of this year, I wrote a piece in which I said there were six things that would shape the direction of payments and commerce in 2016. Third on that list was “contextual commerce.” I argued that making buying seamless inside of environments that...
Pay attention now because this is going to be absolutely, positively revolutionary. And it’s going to shake the payments industry by its ankles. What is it you ask? Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering...
Shaw’s Supermarket here in Boston made a little bit of news in the run-up to the 4th of July holiday. It’s dumping its loyalty card program. Well to be technical, Albertson’s - the Idaho-based North American grocery chain that owns them – decided that all...
June 23, 2019
The European Banking Authority (EBA) published an opinion on strong customer authentication (SCA) under the revised Payment Services Directive (PSD2), acknowledging that implementing the new standards might be difficult for some merchants. Businesses and banks have expressed their concerns over the EBA’s new standards that require “strong customer authentication” for all electronic payments over €10 […]
