“…some 83 per cent of UK consumers now use contactless payments and that number doesn’t fall below 75 per cent for any region or age grouping.
Instant Payments, Strong Authentication, and the future of retail in the new normal
The European Union’s PSD2 regulations first came into force more than three years ago – January 2018 to be precise. However, some aspects of the regulations have proven harder to bring into play than others. Just this month for example, the EBA published an opinion and set deadlines on the need to remove obstacles that are preventing compliance with secure account access regulations for some payment providers.
Zero-Touch and Zero-Trust – it’s a perfect marriage
In a zero-trust environment, everyone and everything has to prove who or what it is when making a request of the network. It makes no difference whether that request is coming from outside of the network, or from someone on the inside – or at least someone appearing to be on the inside. Each request needs to be verified, authenticated, and tested before it can be trusted.