The European Banking Authority (EBA) has published an opinion on the switch to strong customer authentication (SCA) as part of the Second Payment Services Directive (PSD2) and set a new deadline of December 31, 2020.
The EBA has given NCAs and PSPs 14 months to meet the requirements
The opinion also recommends that the National Competent Authorities (NCAs) adopt a “single approach to the SCA migration period” across the EU and ensure that their respective payment service providers …
