Improving security in payments: What role for innovation?

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Wednesday, 5 December, 2018 - 12:00 to 13:30
CEPS Conference room

In response to the growing popularity of electronic payments, legislative security requirements have been strengthened with the Payment Service Directive 2 (PSD2) and the accompanying Regulatory Technical Standards (RTS). From September 2019, two-factor authentication will be the norm for contactless card payments above EUR 50 and remote payments above EUR 30. This challenges payment service providers to come-up with innovative solutions that meet safety requirements and are easy to use for consumers.

At this CEPS-ECRI conference, senior practitioners, high level officials and other experts will discuss the best policies for developing safe and easy to use payment methods. What should be the approach of regulators and policy-makers vis-à-vis new technologies such as artificial intelligence and machine learning? Is innovation the responsibility of the market or should it be facilitated by public measures (e.g. sandboxes, innovation labs, lower registration costs, improved access to funding)?

Sponsored by American Express.

Click here to register to this event and here for the agenda.

Registration from 11.30 - Meeting from 12.00 to 13.30