Reserve Bank of India is proposing the creation of a new digital retail payment system, similar to the National Payments Corp. of India, to expand the reach of digital payments to those who don't use banks and help reduce the dependency on cash.
The EU's second Payments Services Directive is alive and well. But where are financial institutions now re: compliance and enforcement? James Rendell of CA Technologies, a Broadcom company, offers insight on PSD2 and EMV 3DS compliance for 2020.
Numerous regulations and standards have been introduced globally to help curtail online fraud. What makes EMV 3D Secure stand out? Matt Cooke and Paul Dulany of Broadcom weigh in on the implementation and benefits of EMV 3DS.
Because banks, fintech firms, merchants and payments processors in the EU have struggled to meet the Sept. 14 deadline for compliance with the new PSD2 "strong customer authentication" requirements for electronic payments, it may take a while for European consumers to notice authentication changes.
In this in-depth interview, Daniel Cohen of RSA discusses how open banking, also known as banking as a service, will affect the fight against fraud and offers insights on the security steps banks should be taking.