ECONOMY - FINANCE - BUSINESS / Payments

Technical security standards for payment services passes no-objection phase

Brussels, 01/03/2018 (Agence Europe)

The co-legislators had until Tuesday 27 February to object to the final draft regulatory technical standards (RTS) on strong customer authentication and secure common communication in the framework of the revised directive on payment services (PSD2), which the Commission adopted on 27 November of last year (see EUROPE 11912).

Readers may recall that there were many differences of opinion on these RTS between banks and FinTech companies (see EUROPE 11733), but also between the Commission and...