Your search for

34 results were returned

  1. Legal news
    25 July 2019
    Some key topics under PSD2: open banking, strong customer authentication, and the platform/commercial agent exemption
    www.twobirds.com/en/news/articles/2019/global/some-key-topics-under-psd2

    The second Payment Services Directive (PSD2) updates the original Payment Services Directive (PSD1) which dates back from 2007. In this article, we will discuss the most important changes in- troduced by PSD2 and the ...

  2. Legal news
    25 June 2019
    Strong Customer Authentication (SCA): EBA Opinion allows for more time, and provides more clarity on the various SCA elements
    www.twobirds.com/en/news/articles/2019/global/the-opinion-of-the-eba-on-the-elements-of-sca

    On 21 June 2019, the European Banking Authority (EBA) published another Opinion on the updated Payment Services Directive (PSD2) and in particular its provisions on Strong Customer Authentication (SCA)

  3. Legal news
    02 August 2019
    PSD2: transitional period for strong customer authentication for online card payments in Italy
    www.twobirds.com/en/news/articles/2019/global/psd2-transitional-period-for-strong-customer-authentication-for-online-card-payments-in-italy

    On 1st August 2019 the Bank of Italy issued a press release where it announced that it will grant, in line with the decisions taken at European level, more time to the Italian financial industry to complete the ...

  4. Legal news
    17 October 2019
    Strong Customer Authentication (SCA): EBA opinion allows for 15-month migration period
    www.twobirds.com/en/news/articles/2019/global/strong-customer-authentication

    On 16 October 2019, the European Banking Authority (EBA) published another Opinion on the updated Payment Services Directive (PSD2) and in particular its provisions on Strong Customer Authentication (SCA)

  5. Legal news
    30 June 2020
    Changes to regulatory framework on the pricing model for the Danish Dankort scheme
    www.twobirds.com/en/news/articles/2020/denmark/changes-to-regulatory-framework-on-the-pricing-model-for-the-danish-dankort-scheme

    Providers of certain Danish payment instruments – currently only the Danish Dankort scheme operated by Nets - have for several years been subject to pricing regulations limiting such providers to only charge payees an ...

  6. Legal news
    05 February 2020
    PSD2 and limited network exclusion (e.g. gift cards): by 30 April 2020, issuers of payment instruments covered by the limited network exclusion shall fulfil their reporting obligation towards Bank of Italy
    www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-exclusion-by-30-april-2020-issuers-of-payment-instruments

    Regulation issued by Bank of Italy on 11 October 2018 ("Regulation") – implementing certain provisions of the Directive (EU) 2015/2366 ("PSD2") and Legislative Decree 15 December 2017, n. 218 – introduced the obligation ...

  7. Legal news
    30 January 2020
    German crypto market: what you need to know about the crypto depository service
    www.twobirds.com/en/news/articles/2020/germany/german-crypto-market-what-you-need-to-know-about-the-crypto-depository-service

    On 1 January 2020, the crypto depository service was introduced as a new financial service under the German Banking Act (Kreditwesengesetz – KWG). The legislation, demanded by European prescriptions, changes Germany’s ...

  8. Legal news
    21 May 2020
    Swedish law now requires a direct payment option to be displayed first
    www.twobirds.com/en/news/articles/2020/sweden/swedish-law-now-requires-a-direct-payment-option-to-be-displayed-first

    The Swedish Parliament has approved an amendment to the Swedish Payment Services Act (2010:751) that introduces a new provision regarding the display of payment solutions online.

  9. Legal news
    22 May 2020
    The French competition authority launches a public consultation on the fintech sector
    www.twobirds.com/en/news/articles/2020/france/the-french-competition-authority-launches-a-public-consultation-on-the-fintech-sector

    In parallel to the two consultations launched by the European Commission (EC) at the beginning of April 2020 on digital finance strategy/FinTech and retail payments the French Competition Authority (FCA) has just ...