On  June 28th, 2019, the UK Financial Conduct Authority (in response to an Opinion published by the European Banking Authority) published a statement on the possible delay of enforcement against businesses that, by September 14th, 2019, will not have met the Regulatory Technical Standards for Strong Customer Authentication (SCA) in
Continue Reading E-Commerce and Payments Developments in the UK: FCA announces possible delay in enforcement of strong customer authentication

Introduction

A recent decision by the UK financial services regulators, the Financial Conduct Authority and the Prudential Regulation Authority, to fine a retail bank serves as a reminder to both customers and technology vendors and service providers to the financial services sector to ensure that their services and contracts include
Continue Reading Financial services and technology: retail bank fine is a warning from the UK regulators