PRESENTATION: Fraud reporting under PSD2
- from payment institutions to national authorities, and from national authorities to European authorities
Åshild will provide us with the latest updates on fraud reporting and how it will be implemented according to EBAs guidelines.
The Payment Services Directive (PSD2) guidelines - which the European Banking Authority (EBA) developed in close cooperation with the European Central Bank (ECB), and that are addressed at payment service providers and competent authorities - are aimed at enhancing the security of retail payments in the EU.
The guidelines require payment service providers across 28 EU member states to collect and report data on payment transactions and fraudulent payment transactions, using consistent methodology, definitions and data breakdowns.
Åshild Johnsen is Special Advisor in the department for supervision of IT and payment services at the Norwegian Financial Supervisory Authority (Finanstilsynet)