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® Global Network partners.  Discover Global Network is encouraging its partners to move to the EMV 3DS v.2.2 protocol as soon as possible, especially given the potential impact on merchants throughout the EU. The payments ecosystem involves a high number of dependencies and parties must work together to implement SCA. The constraints the current crisis places on the roll-out of SCA technology severely limits the time available for participants to test together, which is essential to a safer and controlled implementation. Discover Global Network has put programmes in place to proactively mo...

Business Editor The Department of Finance has said that some banks and businesses may not be fully ready to implement new security rules for electronic payments that come into effect from 1 January. The Labour Party has called on the main banks and Central Bank to clarify whether the situation means some customers could potentially face disruption when paying for things online if their systems are not compliant after the date. Under the EU's revised Payment Service Directive introduced in 2015, Payment Service Providers (PSPs) are required to introduce strong security requirements for the ini...