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Europe is bracing itself for a big shake-up in how we pay for things online, which will have significant consequences for businesses across the region. Similar to how GDPR hugely impacted how millions of organizations handle personal data when it was enforced last year, Strong Customer Authentication (or SCA) will have profound implications for how businesses handle online transactions and how we pay for things in our everyday lives when it is enforced on September 14.
SCA will require an extra layer of authentication for online payments. Where a card number and address once sufficed, customers will now be required to include at least two of the following three factors to do anything as simple as order a taxi or pay for a music streaming service. Something they know (like a password or PIN), something they own (like a token or smartphone), and something they are (like a fingerprint or biometric facial features).
https://thenextweb.com/podium/2019/05/10/your-business-passed-the-gdpr-challenge-but-sca-is-next/
(Score: 4, Touché) by ledow on Wednesday May 15 2019, @07:31AM
I'm a Brit.
We have GDPR.
I work in IT.
What's on public display is a very different question to what's in an encrypted historical record, and you seem to miss that you are merely a custodian of other people's data, only with their permission. Data protection has always been held in high regard in the EU and, in case you missed it, an ENTIRE CONTINENT complies, across 20+ language barriers, a greater combined population than the US, and an ancient legal system which you borrowed as the basis of your own.
Tell me how a "authoritarian state socialist" is defending the right for you to have your data deleted, corrected, and what's stored on you revealed, from all government databases, historically, and in perpetuity, as well as ordinary commercial websites, and those run by Joe Bloggs who's hoarding all your data on his personal blog and selling it to others.