Tag: SCA

Enhancing cybersecurity in finance: The critical role of application security testing

In the digital age, the banking, financial services, and insurance (BFSI) sectors have seen unprecedented evolution. This transformation, while beneficial in terms of convenience...

Navigating API security: Key strategies for safer applications

In today's digitally-driven world, the proliferation of web applications has made accessing vast troves of information nearly instantaneous. However, this convenience raises important security considerations. The risk of private data breaches, financial theft, or total data loss due to cyber-attacks is a pressing concern for any organization striving to stay ahead in a competitive market.

SCA and Tietoevry forge ahead in digital innovation with extended partnership

Tietoevry Tech Services has strengthened its partnership with Svenska Cellulosa Aktiebolaget (SCA), a leader in sustainable forestry and hygiene products. Tietoevry Tech Services is...

Strong Customer Authentication non-compliance costs £2m in sales

Businesses not compliant with Strong Customer Authentication (SCA) miss out on £2m in sales each day, a report from Barclaycard Payments claims.

99% of UK merchants have seen rise in payment declines since...

Nearly all UK merchants have experienced an increase in payment declines following the introduction of Strong Customer Authentication (SCA), according to research from Nuapay.

Retailers could lose £3.64m each day through SCA failure

Retailers could lose £3.64m in sales each day as the Strong Customer Authentication (SCA) regulation deadline approaches, according to Barclaycard Payments.

Will SCA be a changemaker for the UK payments market?

Strong Customer Authentication (SCA) has come into force in the UK today, almost a year after its original deadline passed.

EBA could reform a part of SCA

The European Banking Authority commenced its public consultation on the amendment to the Regulatory Technical Standards on strong customer authentication and secure communication (SCA&CSC).

Nearly half of financial institutions to spend SCA extension time on...

UK banks welcome the six-month extension to implement strong customer authentication (SCA) for e-commerce transactions, with 42% planning to use the time to improve and enhance their roll out plans.

Revolut launches web app for computers

UK neobank Revolut has launched an online web app enabling its 13 million customers around the world to access their accounts via a desktop or laptop.

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