Banks, Merchants, Processors Struggling to Comply with PSD2 authentication requirements. Banks, merchants and payments processors in the European Union have struggled to meet the Sept. 14 deadline. Security experts say many banks and payment service providers lack the necessary technologies to comply with the new requirements. European Banking Authority tells Information Security Media Group that later this year, it will provide more information on an enforcement timeline with a goal of “a consistent deadline” for the end of the migration plan””]
Source: https://www.cuinfosecurity.com/psd2-authentication-requirements-implementation-hurdles-a-13086