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Secure Methods News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Develop Secure E-Commerce Websites With These 8 Top Tips

Develop Secure E-Commerce Websites With These 8 Top Tips
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What s Next for the SCA and TPP Access Rules? | Locke Lord LLP

Payments regulatory news, March 2021 # 2 | Hogan Lovells

To embed, copy and paste the code into your website or blog: Recent regulatory developments focussed on the payments sector. See also our General Regulatory News of broad relevance in the Related Materials links. Contents APP scams: LSB publishes CRM Code review roadmap Contactless payments: FCA PS21/2 on amendments to single and cumulative transaction thresholds Following its consultation in CP21/3, the UK Financial Conduct Authority (FCA) has published a policy statement, PS21/2, on amendments to the single and cumulative transaction thresholds for contactless payments. The FCA summarises the responses it received on proposed changes relating to the contactless payments limits and confirms that it has decided to amend the contactless exemption in Article 11 of its technical standards on strong customer authentication (SCA-RTS) to increase the single transaction threshold for contactless card payments from £45 to £100 and the cumulative transaction threshold from £130 to £

UK Payments Regulation – Changes Are Coming | K&L Gates LLP

On 28 January 2021, the Financial Conduct Authority (FCA) published a consultation paper (CP21/3) 1 proposing various changes to the UK regulation of payment services and electronic money. Most of the proposed changes relate to clarification or expansion of the existing FCA guidance contained in the document “Payment Services and Electronic Money – Our Approach” (Approach Document). There are also proposed changes to the substantive regulatory requirements. The consultation closes on 24 February 2021 in respect of the proposed changes to the contactless payment limits (see below); it closes on 30 April 2021 with respect to all other aspects. We discuss here the key proposals and their potential implications.

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