Re:Klarna users are being signed in to random accounts
by tmk1108 on Friday May 28, 2021 @09:29AM
(#27315083)
Is there any pressure in Finland to make this illegal? If your transaction didn't go through the digital authentication to verify identity, then it's worthless and the money can't be collected?
[ Parent
| on HN ]
Re:Klarna users are being signed in to random accounts
by vesinisa on Friday May 28, 2021 @10:21AM
(#27315620)
Yes, PSD2 (Payment Services Directive vol 2) should require strong customer authentication for online payments throughout EU. How Klarna is able to skirt this regulation is beyond me. Either they've found a loophole in the law or they are already in breach but the financial regulators are holding back from enforcing it.
https://en.wikipedia.org/wiki/Payment_Services_Directive#Rev...