Whitepaper: From PSD2 To Digital Identity

PSD2 Whitepaper landing page - Close-up-swipe-southfields

Solving the Omnichannel Authentication Problem

PSD2 (Revised Payment Services Directive) came into effect in January this year. It requires banks to share raw account data with third-party providers, based on customer permissions, and open up APIs allowing those third-parties to initiate payment transactions on behalf of the customer.

As part of its efforts to reduce online payment fraud, the PSD2 requires requires a Strong Customer Authentication (SCA) process whenever a payment is initiated or remote account access is requested.

Our latest whitepaper takes a closer look at PSD2 and what strong customer authentication means for financial institutions, with a focus on:

  • The challenges of strong customer authentication
  • The opportunities strong customer authentication can bring 
  • How intelligence driven authentication can help.