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Building your PSD2 strategy in 2020

 


After multiple calls for harmonisation, the EBA finally announced a final Europe-wide deadline for strong customer authentication of 31 December 2020. 

There’s an extra year until the deadline, but it’s not time to sit back and relax. Achieving a low fraud rate, integrating 3D Secure and collecting data on issuers take months of work and development individually. 

We’ve developed a guide to setting priorities throughout 2020 to make sure you’re set up for the change.

Highlights:

- Importance of achieving a low fraud rate and integrating 3D Secure early

- How to avoid making customers authenticate when they don’t need to

- Transaction Risk Analysis requirements and why both merchants and payment providers must comply
 
- Why you need to start collecting data on issuer behaviour ASAP


 
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