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EBF underlines importance of privacy and security under the second EU Payment Services Directive (PSD2). In the context of the PSD2, the EBF would like to underline that banks in the European Union fully support the creation of an efficient and effective EU ecosystem of interoperable interfaces for secure and reliable communication via the banks’ infrastructure between third-party payment service providers, known as TPPs, and clients. Customers expect banks to protect their personal data.
Data protection is at the core of trust in financial institutions. That is why the EBF, taking note of the European Commission’s response to the European Banking Authority (EBA) on its regulatory and technical standards for strong customer authentication under PSD2, would like to...
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