Strong customer authentication (SCA) is a requirement of the EU Revised Directive on Payment Services (PSD2) on payment service providers within the European Economic Area. The requirement ensures that electronic payments are performed with multi-factor authentication, to increase the security of electronic payments. Open Banking is a protected way of sharing customer’s financial information with third-party providers. With the customer’s consent, banks can share account and transaction details with third parties through application programming interfaces (API). In both cases, security is paramount… which is why Trustonic has a significant role to play in the debate on both issues.