With the go-live date for PSD2 less than four months away, financial institutions, payments processors, and third-party providers (TPPs) are under immense pressure to become fully compliant with its standards.
What is the best way for your organization to implement its key requirements of open access and strong customer authentication (SCA)?
PSD2 will have a significant impact on banks and other service providers’ digital users. Exposing an API to third parties will mean that there are multiple new sources from which transactions are initiated – both legitimate and fraudulent ones. With the number of user interactions likely to rise rapidly, providing a secure, low-friction user authentication experience will be a key consideration for digital service providers.
Banks need partners that understand how to navigate the complex regulatory landscape. FIS and Entersekt have joined forces to bring to market a best-in-class solution to help banks get ready in time for the PSD2 deadline.
FIS, a leading financial services provider, has implemented a state-of-the-art system to manage the requirements for opening up an API. Together with Entersekt’s industry-leading, mobile-first app security and user authentication product, this combined solution transforms a compliance project into a competitive advantage and new way to generate revenue.
To find out more, join our webinar on November 14 @ 3pm to listen to FIS Product Strategy Manager, Wim Lettens, and Entersekt’s SVP Partnerships and Alliances, Dewald Nolte, about how the combination of two leading solutions can give our clients the edge in the market.