Transaction risk analysis: Difference between revisions
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imported>Doug Williamson (Create page. Sources: The Treasurer online June 2019 and EPSM webpage https://www.epsm.eu/wp-content/uploads/2019/07/2019-07-10-EPSM-%E2%80%93-Overview-on-SCA-for-Further-Discussion-v1.0-1.pdf?iframe=true) |
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If the | If the issuer agrees, the individual card-based payment or credit transfer can be exempted from Strong Customer Authentication. | ||
== See also == | == See also == | ||
* [[3D Secure]] | * [[3D Secure]] | ||
* [[Credit transfer]] | |||
* [[Issuer]] | * [[Issuer]] | ||
* [[Payment service provider]] | * [[Payment service provider]] | ||
| Line 22: | Line 23: | ||
* [[Regulatory Technical Standard]] | * [[Regulatory Technical Standard]] | ||
* [[Strong Customer Authentication]] | * [[Strong Customer Authentication]] | ||
* [[Transaction]] | |||
* [[Transaction Risk Indicators]] (TRI) | |||
* [[Transactional]] | |||
* [[Two-factor authentication]] | * [[Two-factor authentication]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category: | [[Category:The_business_context]] | ||
Latest revision as of 19:00, 20 January 2024
Payments - PSD2 - Strong customer authentication (SCA) exemptions.
(TRA).
Transaction risk analysis is an exemption to the requirement for Strong Customer Authentication under PSD2.
Under the TRA exemption, a transaction can be flagged as a low-risk-transaction if:
- the fraud rate of the related payment service provider (PSP) is below a certain threshold, and
- a real time analysis has not revealed any risk.
If the issuer agrees, the individual card-based payment or credit transfer can be exempted from Strong Customer Authentication.
