Secure Payments on the Internet — the Eurozone discussion

The EU has adopted or is in the process of adopting a number of overlapping rules on the safety of internet payments. The ECB and the SecuRe Forum took the initial lead for the Eurozone.

The EBA followed suit with a set of guidelines which are now being implemented in some, but not all Member States. The ink on these guidelines is not yet dry and the EBA began developing Regulatory Technical Standards under the PSD for strong authentication. In parallel the EU has just adopted the NIS Directive introducing requirements for credit institutions as regards cyber security risk.

The panel with Nickolas Reinhardt and Peter Kerstens will aim to discuss how these and other relevant initiatives interact, how the industry should prepare and what lessons EU policy makers and the industry can learn from this going forward:

  • Do the Rules strike the right balance between security and innovation?
  • Do they strike the right balance between security and convenience?
  • Do they provide a level playing field?
  • Are these technology neutral?…

Nickolas Reinhardt is Co-Founder and Director of Afore Consulting as well as Head of the Secretariat of the European Payment Institutions Federation (EPIF).  Previously, Nickolas was Senior Policy Advisor and Chair of International Financial and Regulatory Affairs at an international public affairs company and has also trained and worked as a merchant banker and securities trader.  In addition, Nickolas chairs  the EU Asia Financial Services Round Table.

Peter Kerstens is currently an advisor on financial sector cybersecurity at DG FISMA. He has been in the European Commission for many years and previously held positions in the cabinets of Commissioner Charlie McCreevy and Commissioner David Byrne.  Mr Kerstens holds a Bachelors and a Masters in Political Science and a Masters in European Union Administration from the College of Europe

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    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ThePaypers: Collaboration&tech support ‘faster versions of #paymentsolutions - but what about #security risks? @silviamensdorff @vivekb 21 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @silviamensdorff: Great conference @europaysummit - as discussed - i#GDPR is the Modern Wealth In Your Digital DNA - hope you enjoy my b… 21 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @EBFeu: Wim Mijs: “The financial industry needs enough flexibility to come up with interoperable and secure #payment solutions, because… 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit @RiskIdent @ThePaypers Awesome to hear! All the best. 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Wrapping up EPS2018 with our closing keynote panel. @jgrantindc @BroxisJ @Wim_Mijs EstherGroen #paysummits https://t.co/sVeTWwDJM8 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit @signicat Congratulations! Great job! 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit @RiskIdent @ThePaypers Congratulations!!! 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Outstanding double win by @BioCatch who wins both the jury vote and public vote! #biometrics #strongauthenticationhttps://t.co/Lw4L76RvEt 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Incredible alignment of public and jury vote! @signicat wins 2nd runner up of public vote and 1st runner up of jury… https://t.co/g1Xd7fdDaw 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ThePaypers: Congrats @Secured_Touch for winning 2nd place jury vote Florin Awards @EuroPaySummit https://t.co/L596NrmHiK 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Congrats to @BioCatch for winning our Public Vote!!! @ThePaypers https://t.co/nRfL8RaycN 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ThePaypers: Congrats @RiskIdent for receiving 1st runner up Florin Award @EuroPaySummit https://t.co/WIPuuJfb3n 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ThePaypers: Florin Awards nominees @EuroPaySummit https://t.co/hfZftW3j8W 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Joris den Buinen from @HSD_NL addressing at Florin Awards! #inmovation #payments @CityOfTheHague https://t.co/uZWY6DQSmD 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ThePaypers: Florin Awards are just about to be announced @EuroPaySummit good luck to all participants! https://t.co/EvCveirIvp 22 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ThePaypers: In the #PSD2, #SCA world we should focus on customer journey, the standards&#biometrics @ALAINMARTIN @Gemalto @RolfLindenma 22 weeks ago
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