This document serves as a summary of the EBA Guidelines and how CA is positioned to help.
The European Banking Authority (EBA) recently published Final Guidelines on the Security of Internet Payments outlining the minimum Internet commerce security standards that card issuers must implement by 1 August 2015. These guidelines are based on the regulations set out in the EU Payment Security Directive (PSD) and will incorporate forthcoming Payment Services Directive (PSD 2) when released to ensure consistent Internet payments service adherence across the 28 EU Member States. The bottom line for card issuers is the requirement to adopt a multi-factor, defense-in-depth authentication approach to support internet card use by 1 August 2015.
CA Technologies is a leading provider of Internet payment security solutions and is the ideal partner for issuers to meet the deadline. By implementing an easily customizable CA Technologies payment security cloud service, issuers can achieve a powerful card-not-present payments foundation, create a seamless customer experience, and meet the requirements set forth in the EBA strong authentication guidelines.