What are Regulatory Technical Standards (RTS)?
The RTS or Regulatory Technical Standards are a set of compliance specifications provided by PSD2 which were drawn up by the European Banking Authority. They concern:
- strong customer authentication (SCA) and common and secure open standards of communication (SCA-RTS)
- security measures to protect the confidentiality and the integrity of the customer’s security credentials
- common and secure open standards of communication between banks, service providers and customers
- fraud reporting
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