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Risk-based authentication: The secret to meeting PSD2 compliance without sacrificing convenience

The Payments Association

Outdated security methods like OTPs and siloed authentication methods dont provide the strong security or seamless customer experience needed to stay competitive post-PSD2. Heres why financial institutions must rethink their authentication strategies to remain competitive. Static authentication is a major vulnerability for FIs.

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Amplify Credit Union Chooses IllumaSHIELD for Voice Authentication

Finovate

Amplify Credit Union has partnered with Illuma to implement IllumaShield voice authentication, enhancing security and streamlining member verification. Voice authentication solutions provider Illuma formed a strategic partnership with Amplify Credit Union this week. helping streamline operations while strengthening fraud defenses.

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French furniture brand Ligne Roset adds digital product passport to classic sofa

NFCW

AUTHENTICITY: Ligne Roset’s DPP proves the authenticity of its Toga Loveseat using QR codes French luxury furniture brand Ligne Roset has introduced digital product passports (DPPs) that combine QR codes and blockchain technology to authenticate its products.

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The Mastercard Payment Passkey Service Debuts in Latin America with Sympla and Yuno

Fintech Finance

Using device-based biometrics, such as fingerprints or facial scans, payment passkeys replace other authentication methods like one-time passwords (OTPs) to make online transactions not only faster and more convenient, but also more secure against fraud and scams. Upon successful authentication, the transaction is completed.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.

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What You Need to Know About Singapore’s Most Common Payment Fraud

Fintech News

Even in a highly secure payment environment with the widespread adoption of multi-factor authentication (3DS), phishing remains a major concern. About 29% of consumers prioritise shopping at stores with enhanced security measures, and 21% prefer retailers that require two-factor authentication (2FA).

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More authentication leads to fewer approvals

Payments Dive

Research from payments software firm Stripe shows credit and debit card transactions using an advanced security tool are less likely to be approved.