Many of you, no doubt, have heard of the European Union’s European Banking Authority (or EBA) directive called PSD2 (Payment Services Directive). These guidelines were originally published at the end of 2015. By January 2018, all member states were required to implement the regulations.
MFA
In late July 2016, there were a significant number of news stories that have “declared the end of 2FA over SMS,” as the US NIST has recommended that the Out-of-Band delivery channel of SMS for 2FA tokens to be deprecated in the next version of their guidelines.
