Posted on Categories cybersecurity, electronic identification, fintech

PSD2: Strong customer authentication

Consultations are nearing the end on the proposed Regulatory Technical Standards (RTS) for strong customer authentication announced by the European Banking Authority pursuant to the revised Payment Services Directive (2015/2366, known as PSD2). This proposal was much awaited by the entire financial technology industry. The standards could have a huge impact on business models and tech solutions applied on the FinTech market.

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Posted on Categories cybersecurity, electronic identification, litigation

Pursuing claims against banks for unauthorised electronic transfers

In the last couple of years we have seen in our legal practice a great increase in the number of cases related to cybercrime (an issue we discussed in the firm Yearbook, at pp. 7–9). Many cases involve attacks on Internet bank accounts from which criminals steal money, mainly using “phishing” methods, sometimes cleaning out customers’ life savings.

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Posted on Categories changes in law, electronic identification

New road tolls

Intensive work is currently underway in Poland on setting up a new general toll collection system. Poland is also preparing to introduce legislation that will allow the setting up of a European Electronic Toll Service (EETS) for road use. Over the next few months, a legal regime may come into existence in Poland for providing new types of toll collection and settlement services. This is good news for every driver – navigating through toll road sections may become much simpler. Also, businesses should take a close look at the new regulations, because the implementation of EETS will create public procurement opportunities associated with this infrastructure project.

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