The EBA sets the migration deadline for compliance with the SCA in December 2020

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 …

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