In recent years, banking fraud in France has surged, driven by advanced technology and the integration of payment methods and mobile banking. We do a deep dive into the legislation to help our clients stay informed and...more
7/30/2024
/ Authentication ,
Bank Fraud ,
Banking Sector ,
Banks ,
Cyber Attacks ,
Electronic Payment Transactions ,
EU ,
EU Directive ,
France ,
Fraud ,
Payment Services Directive ,
Popular ,
Spoofing ,
Statutory Requirements
In a ruling dated 27 March 2024 (no. 22-21.200), the French Supreme Court (‘Cour de Cassation’) - citing European case law - held that a payment service provider can only be held liable for an unauthorised or incorrectly...more
6/26/2024
/ Corporate Liability ,
Court of Justice of the European Union (CJEU) ,
Financial Services Industry ,
Financial Transactions ,
France ,
Liability ,
Member State ,
Payment Services Directive ,
Payment Systems ,
PSD ,
Supreme Court of France