Will Post-PSD2 Be Post-Apocalyptic for Traditional Financial Services?
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PSD2 is slated to introduce major changes to companies doing business with European customers, particularly in the financial sector. In this webinar, iovation begins with a synopsis of PSD2, then covers what open banking means and provides examples of open banking services. The focus then turns to a key provision of PSD2, Strong Customer Authentication, including its potential pitfalls, how companies can meet the requirements set out by SCA, and defined exemptions to SCA. Next, transaction risk analysis is discussed, including how online retailers can leverage it to satisfy the requirements of PSD2 without adding customer friction. The broadcast concludes with PSD2-related resources and a brief Q&A period.
Slides and presenter's notes from this webinar are available here.