Search News

Results: 1-10 of 412


Deadline extension for Strong Customer Authentication

10 Jun 2021

The FCA have announced that they have extended the deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14 March 2022.
Read more…

Independents' Day UK campaign to culminate in full weekend celebration of indie retail sector across 3/4 July

2 Jun 2021

The campaign's organisers are asking the public to "pledge a few pounds" to independent retailers across the weekend
Read more…

Government Launches 'Together for our Planet' to encourage SMEs to cut emissions

1 Jun 2021

The Together for our Planet campaign encourages small businesses to pledge to cut their emissions to net zero by 2050 or sooner, while helping them grow, adapt and seize new opportunities.... Read more…

Register as a supporter for #BikeIsBest Spring Summer Campaign

28 May 2021

The Cycling Marketing Board has united with the ACT and other leading cycle organisations into one powerful voice, with a single mission - to get more people riding bikes, more often.
Read more…

#ShopKind campaign gathers momentum as retail industry comes together to tackle shopworker abuse

27 May 2021

The #ShopKind campaign was launched in April with the purpose of spreading awareness of the violence that takes place in shops on a dailybasis.
Read more…

Ecommerce expected to grow 91% in 2021, research shows

27 May 2021

Researchby RedEye shows that ecommerce growth will likely continue, after the initial excitement around physical shopping dies down.
Read more…

Retail sales in March and April 'better than expected'

26 May 2021

Retail sales in March and April 'better than expected', according to theBritish Retail Consortium's (BRC) Economic Briefing Report reported by Read more…

House of Commons thanks greeting card company Bexy Boo for community support

25 May 2021

A member of the GCA, Bexy Boo, has received a letter of thanks from the House of Commons for all the work she has done to support her home town of Knutsford

Read more…

Strengthen your Global Payments account security with multi-factor authentication

20 May 2021

On 22 May, Global Payments are adding multi-factor authentication (MFA) as a new step in the Merchant Portal login process. It's an extra layer of protectionfor your account credentials and... Read more…

Workshop announced for impending export VAT rules impacting B2C Trading

14 May 2021

The EU's incoming One Stop Shop (OSS) VAT return for e-commerce aims to simplify VAT obligations for companies carrying out cross-border sales of goods and services (mainly online) to... Read more…

Back to news menu

Deadline extension for Strong Customer Authentication

Posted on in Business News, Cycles News

The FCA have announced that they have extended the deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14 March 2022.

This further 6-month extension is to ensure minimal disruption to merchants and consumers, and recognises ongoing challenges facing the industry to be ready by the previous 14 September 2021 deadline. The new 14 March 2022 deadline is the latest the FCA expect full SCA compliance for e-commerce transactions.

The FCA previously agreed to give firms extra time to implement SCA for card-based e-commerce transactions in response to concerns about industry readiness, and to limit the impact on consumers and merchants. The FCA also provided an additional 6-month extension in response to the coronavirus crisis.

The FCA welcome the implementation of SCA solutions which protect consumers while minimising the potential for disruption to customers and merchants.

The FCA still expect firms to continue to take robust action to reduce the risk of fraud.

More information on Strong Customer Authentication can be found here.

 

Back to news menu

Useful links

If you have any other queries please contact us.