Tag: Strong Customer Authentication (SCA)

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.

The UK Government Crown Commercial Service has selected PayTech company Nuapay to join its Payment Acceptance Framework.

British payment and digital banking technology venture Pannovate has partnered up with Salt Edge, the customer authentication company, to provide clients with a smooth way of launching regulatory compliant banking and payment services.

The EU’s new strong customer authentication (SCA) rules have put more pressure on online retailers to ensure shoppers are who they say they are. Now, a UK-based FinTech might have a solution.

The Royal Bank of Scotland’s (RBS) banking app Bó has suffered yet another setback after it had to send out new cards to 6,000 customers as their old ones were non-compliant with the EU’s strong customer authentication (SCA) rules.

Pressure is mounting for PNC Bank after it locked out clients from using bill-splitting app Venmo, but the affair also highlights a the question of whether open banking should be introduced in the US.