[hinkley]

The tribal knowledge on this one is thick as molasses.

> On 8 October 2015, the European Parliament adopted the European Commission proposal to create safer and more innovative European payments (PSD2, Directive (EU) 2015/2366). The current rules aim to better protect consumers when they pay online, promote the development and use of innovative online and mobile payments such as through open banking, and make cross-border European payment services safer.[10]

> An important element of PSD2 is the requirement for strong customer authentication on the majority of electronic payments.