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Ready Or Not, Strong Customer Authentication Is Coming

PYMNTS

-based Emerging Payments Association (EPA) published a report on the impact of SCA on the payments experience, and found that 75 percent of issuers said they would be ready by the Sept. Nearly three-fourths (74 percent) of issuers expect SCA to lead initially to a decline in user experience. 14 deadline.

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EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA

PYMNTS

Peter Robinson, payments advisor for European retail, wholesale and international trade association EuroCommerce , noted that these concerns are putting more pressure on card acquirers — the main party responsible for making sure merchants are ready for and informed about SCA and its incoming authentication and online transaction restrictions.

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Bank Account Number – Everything You Need to Know

Payment Savvy

In addition to checks, routing numbers are often required when setting up direct deposit instructions, authorizing bill payments, and initiating wire transfers. Payment Savvy’s innovative solutions are designed to keep pace with these advancements, providing businesses with the tools they need to thrive in a digital world.

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Are SCA Delays A Blessing Or A Curse?

PYMNTS

This week, the European Banking Authority (EBA) extended the deadline for Strong Customer Authentication (SCA) to Dec. Only 75 percent of issuers said they were prepared to make the jump as of the original Sept. He says more than one-third of merchants’ online payments could fail due to lack of compliance. Why the delay?