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Digital financial inclusion: legislative safeguards for vulnerable consumers

Voice of the Industry | Online & Mobile Banking | 14 Mar 2024

Emanuel van Praag and Eugerta Muçi discuss EU initiatives like the Accessibility Act and Financial Data Access Regulation, emphasising safeguarding vulnerable consumers in digital finance.

financial inclusion, digitalisation, financial services, PSD3, PSR, FIDA, Accessibility Act, artificial intelligence, banking, fintech, regulation, EBA, RTS, SCA, data

EBA clarifies why digital wallets require strong customer authentication

News | Digital Identity, Security & Online Fraud | 01 Feb 2023

The European Banking Authority (EBA) has published six Q&As that clarify the application of strong customer authentication to digital wallets under PSD2.

SCA, PSD2, EBA, regulation, compliance, digital wallet, biometrics

EBA makes Fraud Taxonomy publicly available

News | Digital Identity, Security & Online Fraud | 31 Oct 2022

The Euro Banking Association (EBA) has made publicly available the EBA Fraud Taxonomy, a pan-European taxonomy for payment fraud types.

fraud prevention, EBA, regulation, PSD2, PSP

Saxo Bank partners Adenza to automate risk calculations and reporting

News | Digital Identity, Security & Online Fraud | 19 May 2022

Denmark-based Saxo Bank has deployed Adenza ControllerView data integrity and control platform to power its new Regulatory Platform for Financial, Risk, Capital, and Liquidity Reporting.

partnership, risk management, treasury, EBA, financial crime

EBA demands help for Ukrainian refugees with financial services

News | Payments General | 29 Apr 2022

The European Banking Authority (EBA) has called on financial institutions and supervisory authorities to ensure that Ukrainian refugees have access to at least basic financial products and services, Interfax-Ukraine.

EBA, Russia Ukraine War, financial services, financial institutions