Transaction risk analysis: Difference between revisions
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* [[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.
