Financial Services Financial Services

Unsafe online payments could lead to EU legal action, official warns

By Jack Schickler
  • 12 Jan 2021 11:42
  • 12 Jan 2021 11:42

EU websites and payment providers not offering EU-mandated security protocols could draw legal action now that a Jan. 1 deadline regulatory deadline has expired, a European Commission official has said.

But the EU executive is unlikely to pass new legislation forcing banks to deploy new instant-payment protocols without flanking measures to

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