Your search for

62 results were returned

  1. Legal news
    04 September 2019
    Danish FSA grants an additional 18 months to issuers and acquirers in Denmark to comply with the PSD2 SCA requirements - but only for online card payments
    www.twobirds.com/en/news/articles/2019/global/danish-fsa-grants-an-additional-18-months-to-issuers-and-acquirers-in-denmark

    Pursuant to PSD2, as implemented by the Danish Payments Act, issuers and acquirers need to ensure that the card issuer performs a Strong Customer Authentication (SCA) of the cardholder when it is initiating a payment, ...

  2. Legal news
    09 September 2019
    Online Card Payments temporarily exempt from Strong Customer Authentication in Finland
    www.twobirds.com/en/news/articles/2019/global/online-card-payments-temporarily-exempt-from-strong-customer-authentication-in-finland

    Pursuant to PSD2, as implemented into Finnish law, payment service providers needs to perform SCA when the user accesses its payment account online, when the payer is initiating a payment, or when the user carries out ...

  3. Legal news
    10 September 2019
    No general transition period granted in Sweden for implementation of SCA for remote card-based transactions - but with certain exceptions
    www.twobirds.com/en/news/articles/2019/sweden/no-general-transition-period-granted-in-sweden-for-implementation-of-sca-for-remote-card-based

    The Swedish Financial Supervisory Authority (the "SFSA") confirms that no general transition period will apply in Sweden for the implementation of strong customer authentication (SCA) in relation to remote card-based ...

  4. Legal news
    04 September 2019
    Extra time awarded by FCA for Strong Customer Authentication and for screen scraping payment accounts under PSD2 Open Banking
    www.twobirds.com/en/news/articles/2019/uk/extra-time-awarded-by-fca-for-strong-customer-authentication

    UK Financial Conduct Authority (FCA) has awarded extra time in relation to Strong Customer Authentication (SCA) for e-commerce card transactions, as well as extending the period of time during which TPPs can screen ...

  5. Legal news
    13 September 2019
    PSD2: Bank of Spain confirms the additional period to migrate to SCA
    www.twobirds.com/en/news/articles/2019/spain/psd2-bank-of-spain-confirms-the-additional-period-to-migrate-to-sca

    On 11 September 2019, the Bank of Spain has issued a communication (only available in Spanish) regarding the upcoming entry into force of strong customer authentication ("SCA") mandate for electronic payment ...

  6. Legal news
    04 December 2020
    Hey fans! Pay attention to your football tickets
    www.twobirds.com/en/news/articles/2020/italy/hey-fans-pay-attention-to-your-football-tickets

    On 13 November 2020, the Italian Competition Authority (AGCM) closed the pre-investigation proceedings against several Serie A football clubs (namely, Atalanta, Cagliari, Genoa, Inter, Lazio, Milan, Juventus, Roma and ...

  7. Legal news
    27 March 2020
    Increase of contactless payment limits in order to slow down spread of COVID-19
    www.twobirds.com/en/news/articles/2020/global/increase-of-contactless-payment-limits-in-order-to-slow-down-spread-of-covid-19

    As the coronavirus (COVID-19) pandemic continues to spread across the globe, governments and international organisations (e.g. World Health Organisation) are recommending to consumers that, rather than paying in cash in ...

  8. Legal news
    25 April 2018
    New EU Geo-Blocking Regulation: what businesses selling into the EU and across Member State borders need to do to comply
    www.twobirds.com/en/news/articles/2018/global/new-eu-geoblocking-regulation-what-businesses-selling-into-the-eu-need-to-do-to-comply

    A new EU Geo-blocking Regulation will apply from 3 December 2018 and will affect many businesses that sell their goods and services into EU countries and across the borders of the Member States. We highlight the main ...

  9. Legal news
    02 July 2020
    Introduction of e-warranty cards and new product warranty terms in Hungary
    www.twobirds.com/en/news/articles/2020/hungary/introduction-of-e-warranty-cards-and-new-product-warranty-terms-in-hungary

    As of 1 January 2021 new rules are entering into force affecting the statutory warranty rule for durable consumer goods. This is not an entirely new piece of law, but amendments to the standing Government Decree No ...