The European Commission lately held a first Scrutiny Session on the final draft  of the Regulatory Technical Standards (RTS) on Strong Customer Authentication and Secure Communication (SCA) submitted for endorsement by the European Banking Authority (EBA) to the European Commission  (EC) under Article 98 of the revised Payment Services Directive (PSD2) 2015/2366.

As known, PSD2 - published on December 25th 2015 and in force since January 2016 - aims, inter alia, to the “harmonisation, innovation and security with regard to payment services”.