UK issuers and merchants to get extra 18 months to implement Strong Customer Authentication

The UK’s Financial Conduct Authority (FCA) has agreed to give card issuers and merchants an extra 18 months to implement Strong Customer Authentication (SCA), the new customer identity verification regulation which forms part of the EU’s revised Payment Services Directive II (PSD2). The move follows the European Banking Authority’s June 2019 decision to allow EU…

PayPay Gets Off to Quick Start as One of Many Digital Payments Services in Cash-Loving Japan

By:  Dan Balaban NFC TIMES Exclusive Insight – As Japan continues to fight what to date has been a losing battle against cash, an announcement by the joint venture behind QR code-based payments service PayPay offers a little bit of encouragement.  Related stories, automatically selected:  Japanese Payments Players Expand Support for QR Code-Based Payments Japanese Megabank…