FCA delays Strong Customer Authentication

spike

The UK’s Financial Conduct Authority (FCA) has delayed the implementation of Strong Customer Authentication (SCA). This is the second delay is has authorised. Last year, the FCA extended the deadline to March 2021. The new deadline is September 2021. It gives e-commerce firms another six months to build, test and deploy a compliant solution.

FCA delays Strong Customer Authentication – EBA under pressure to follow

The press release from the FCA reads:“In the exceptional circumstances of the Covid crisis, we are giving the industry an additional 6 months to implement strong customer authentication (SCA) for e-commerce. This will minimise

Read More

EPIF calls for delay to Strong Customer Authentication due to COVID-19

spike

The European Payment Institutions Federation (EPIF) has called for a delay to the implementation of Strong Customer Authentication (SCA) of at least six months in a letter dated 24 April 2020, to the  European Banking Authority.

EPIF calls for delay to Strong Customer Authentication

While EMV 3DS implementation is progressing across Europe, it is now clear that the COVID-19 crisis has significantly reduced the capacity available to progress Strong Customer Authentication development and implementation.

EPIF’s letter noted that: “The signatories have invested considerable resources to meet the deadline for completing the implementation of the Strong Customer Authentication (SCA) requirements

Read More