How strong should customer authentication be?
Offering payment solutions is high risk – money movement always was and always will be. Risk has always been a core part of payments and this has been controlled by ensuring authentication and verification mechanisms. These authentication methods have matured, as payment has grown and adapted. But new policies are likely to change this state of play. In a context of growing digitalisation, a new regulatory framework should emerge, as legislators and regulators have determined that the balance of security and risk requires greater oversight and control. EBA has been tasked with the challenging job of pulling together guidance to offer a consistent framework for all payment providers and users.
This event, which is organised by CEPS in cooperation with Visa, is to discuss how this may work. We have brought together a range of expert speakers to bring insights from their various professional perspectives.