New regulatory measures requiring strong authentication for e-commerce transactions will make authentication a key focus for issuing and acquiring banks, merchants and consumers in Europe. The aim of this regulation is to reduce fraud in online payments with strong authentication, or use a risk-based authentication approach as long as it is effective in controlling fraud. The focus for MasterCard and its customers is to provide a safe, simple and consistent consumer experience.
MasterCard SecureCode, MasterCard’s online authentication solution, is based on the cross scheme 3D-Secure standard and satisfies the new European requirements. In addition to 3D-Secure, MasterCard has a suite of products that can support customers’ needs to implement strong authentication methods. As MasterCard develops and releases new products into the European market, the goal will be to ensure that those products are compliant with the new regulatory framework and any future regulatory changes.
The new European measures on authentication can be referenced in the draft Revised Payment Services Directive (PSD2) and in the European Banking Authority’s Guidelines on the security of internet payments (EBA Guidelines). The PSD2 and the EBA Guidelines contain similar authentication requirements. The EBA Guidelines were issued in December 2014 and will apply to customers in most EU countries beginning Aug. 1, 2015.
In order to help our customers better understand the changing requirements between the EBA guidelines and the upcoming PSD2 and its impact, please refer to the E-Commerce Transactions – A New Roadmap for Authentication in Europe white paper and supporting Q&A.
MasterCard’s Christoph Baert, Paul Baker and Cathy Mulrow-Peattie co-authored this white paper.
28 Comments
nice post. appreciate it.
Hi….
The new European measures on authentication can be referenced in the draft Revised Payment Services Directive (PSD2) and in the European Banking Authority’s Guidelines on the security of internet payments (EBA Guidelines). The PSD2 and the EBA Guidelines contain similar authentication requirements. The EBA Guidelines were issued in December 2014 and will apply to customers in most EU countries beginning
Thanks for sharing the information
Great article. Very interesting. I would also like to share some useful information with you. If you want to make money quickly and easily, then this can be done using online slots. Try it.
Thanks for sharing such information. Great article.
Good article.. thanks for share it..
Every international jurisdiction abides by a different set of legal structures for taxation and banking. Confidus Solutions helps you to understand the nuances of each country’s legal structures. To do business in Netherlands, it will be critical for you to have a firm grasp on the financial and legal implications.
You have a nice information.
You have a great blog. Thanks
Thanks for this wonderful blog.
Love the content. Thanks
Great post admin, Thank you so much!
Hoping for more update admin. Thanks
You have a great approach. Thanks
This is so natural. Thanks for sharing!
Nice blog. Thanks!
Newk’s Survey if you are the customer of Newk’s Eatery and have last visited receipt
thats great
This blog is awesome. It is very informative and helpful.
Great description I want see how much crypto get effected.
This is the best way to make the world safe! Well done!
Great article. Very interesting. I would also like to share some useful information with you. If you want to make money quickly and easily, then this can be done using online slots. Try it.
Newk’s Survey if you are the customer of Newk’s Eatery and have last visited receipt…….
You have a nice information……..
Very interesting. I would also like to share some useful information with you. If you want to make money quickly and easily, then this can be done using online slots. Try it.
pg slot คืนยอดเสีย เดี๋ยวนี้การเล่นเกมอย่างสล็อตนั้นได้ปรับปรุงเข้ามาสู่สมัยออนไลน์อย่างเต็มรูปแบบ ทำให้สามารถเข้าถึงกรุ๊ปนักเสี่ยงโชคมือใหม่ได้มากขึ้น pg ถึงได้ง่าย
istanbul hurdacı firmaları içerisinde profesyonel hizmet veriyoruz.
size en yakın hadımköy hurdacı firması olarak hurda alımında nakit ödeme yapıyoruz. Adresten hurda alımı ile hurda satmak için hemen arayın