European regulators prepare SCA flexibility for struggling industry

Germany’s Federal Financial Supervisory Authority (BaFin) and other national competent authorities (NCAs) across Europe are looking to offer windows of flexibility to a payments industry struggling to meet the looming September deadline for strong customer authentication (SCA) under the second Payments Services Directive (PSD2). According to a document…

Posted July 30, 2019 | READ MORE

Top 5 Mobile Trends that Will Drive The Future of Payments

Mobile payment technology has already changed the way purchases are made. here are the top mobile trends that will drive the future of payments. FREMONT CA: The trend of mobile payment has escalated quickly because it is easy to use, convenient, and also increases the…

Posted July 29, 2019 | READ MORE

FreedomPay CTO: GDPR still a concern as SCA deadline looms

Despite the encroaching September deadline for strong customer authentication (SCA) under the second Payments Services Directive (PSD2), merchants and payments market participants are equally concerned about the ramifications of the already-mandated General Data Protection Regulation (GDPR), according to Chris Kronenthal, chief technology officer (CTO) at…

Posted July 29, 2019 | READ MORE

De-risking GDPR

By Tony Hammond, managing director, FreedomPay Europe Since the General Data Protection Regulations (GDPR)’s enactment across the European Union in May, businesses worldwide have had to re-examine their levels of data security. Have they done enough to prevent breaches? Can they stop their data being…

Posted December 17, 2018 | READ MORE

EFI Taps FreedomPay to Offer Customers Latest in Payment Technology

EFI has partnered with FreedomPay to deliver first point to point encryption (P2PE) payment solution for self-serve devices. As per the agreement, FreedomPay will act a secure credit card payment gateway provider for the EFI Self-Serve M600 station. The EFI Self-Serve M600 station enables clients…

Posted October 9, 2018 | READ MORE

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