The Bank of Italy has issued a communication indicating that 31 December 2020 will be the final deadline to adopt strong customer authentication (SCA) requirements in relation to online card payment transactions under PSD2.

For more on this development, take a look at this news item 'Italy sets final deadline for SCA migration' on HL Engage. To find out how other major EU jurisdictions are approaching SCA implementation, see the article 'Open everything and improved security: life after PSD2' in our FIS Horizons 2020 publication, a global snapshot of topics on the horizon in the financial institutions sector that we think will help shape your next 12 months.

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