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Notice: as of 1 October the new 3D version 2.0 (3Dv2.0) will start to be used by the banks. 3D is the security system often used when an online purchase is made. The present 3D system requires the buyer to respond to their bank with an OTP number which is sent to them by SMS. The new system will use artificial intelligence to reduce the times that the buyer will be sent an OTP number. OTP numbers will still be used but much less frequently.

EFSA - Protecting your rights as an ecommerce business and expressing your needs to the relevant government departments and opinion formers

NEWS

Global Supply Chains Cracking under the Strain

Oct 7, 2021 |

From bust to boom, with COVID restrictions removed supply chains are overloaded and businesses crying out for more fuel and parts. The lack of chips for cars and other goods is well covered in the media, so too the problems with petrol and other supplies which has hit Britain recently. But underlying these news-worthy issues…

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Miscellaneous

Oct 7, 2021 |

China Scales Down its Capitalist Trend We have reported over the last half-year the official moves within China to reduce the growth of both home-grown enterprises and foreign companies. Examples are the online taxi service, Didi, and clipping the wings of Alibaba and Alipay. Using such laws as the new Data Protection and Localisation Act,…

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October is Cybersecurity Month!

Oct 7, 2021 |

Please note EFSA together with WolfPack will be holding a ‘fireside chat’ in mid-October on cybersecurity. Meanwhile, the ninth edition of the European Cybersecurity Month kicked off on 1 October and will run for the entire month of October under the motto ‘Think Before U Click’. This is an annual awareness campaign organised by the…

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Data Localisation is the New Topic for 2021

Oct 7, 2021 |

At the beginning of the year, EFA in conversation with the AU suggested a conference on Data Sovereignty and Data Localisation. The AU acted on that idea and set up a conference last month with the help of USAID. EFA was a speaker. The issues are as follows – data flows are essential for the…

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The World Trade Organisation Annual Public Form

Oct 7, 2021 |

The WTO held its annual Public Forum from 28 Sept to 1 Oct. EFA spoke as a panelist at DigitalEurope’s event on moving out of the COVID economic slow down with the help of the digital economy. Participants in the WTO Public Forum called for collective action to address urgent challenges associated with sustainable trade,…

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