What is the right response to the extended PSD2 deadline?

The 14 September 2019 should have been the deadline day for merchants across Europe to introduce the Strong Customer Authentication (SCA) requirement of the Second Payment Services Directive (PSD2). Instead, retailers in the UK have been granted an 18-month extension for SCA compliance, delaying implementation to March 2021.
Just because the regulation has been delayed, it doesn’t mean cyber-criminals will be so obliging. These criminals will instead take advantage of a continued lack of government-enforced protection from online fraud over the next 18 months; add to this the confusion surrounding the disparate implementation of PSD2 across Europe. Read more…