EDPIA Response to the EBA consultation on the RTS on SCA & CSC
The European Digital Payments Industry Alliance (EDPIA) welcomes the EBA pro-actively seeking to improve the functioning of PSD2’s account information regime by amending its regulatory technical standards upon strong customer authentication (SCA) and common and secure open standards of communication (CSC).
- EDPIA supports the new mandatory exemption for the case when the information is accessed through an AISP.
- EDPIA supports extending the renewal timeline of SCA to 180-days.
- EDPIA believes that 6 months is a realistic implementation timeline for the introduction of these new changes.
EDPIA looks forward to engage with the European Commission and industry stakeholders as the discussion on a potential review of PSD2 takes shape.
Click here for our consultation response.