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What You Need to Know about Singapore’s Upcoming Shared Responsibility Framework

Fintech News

Additionally, both FIs and PSPs are mandated to provide a 24/7 self-service “kill switch,” accessible by phone or app, enabling consumers to block account access if unauthorized activity is suspected. Compliance will be assessed based on telcos’ ability to block SMS messages containing URLs flagged by the police as malicious.

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New Skyfire Solution Enables AI Agents to Authenticate Themselves as Genuine Paying Customers

The Fintech Times

With the number of AI agents quickly growing, now generating over half of all online traffic, Skyfire has launched the Agent Checkout, to enable agents to authenticate themselves and ensure businesses can accept verified agents as genuine paying customers.

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Stripe Acquires Bouncer To Integrate Card Authentication Into Its Fraud Detection Platform

CB Insights

Payments giant Stripe has acquired Bouncer, a card-scanning and authentication solution, for an undisclosed amount. Bouncer : California-based Bouncer is a card-scanning and risk detection technology platform that identifies fraudulent transactions by running automated card authentications. WHO ARE THE PARTIES TO THE DEAL?

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NatWest and Capco Partner to Navigate the Future of Payments

Fintech Finance

Providing customers with the building blocks to launch their digital propositions without the technical complexities. Secure – A robust platform, BDD uses industry protocols to authenticate the flow of financial information when making payments and receiving data to prevent financial fraud.

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Trusted devices and silent signals could help FIs improve fraud protection

Finextra

Traditional authentication methods rely heavily on static passwords and one-time codes, which can be easily compromised. Unlike traditional authentication methods, this approach goes beyond simple device recognition, incorporating sophisticated behavioral analysis. First, it verifies the devices trusted status.

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Cash App Begins Roll Out of Afterpay’s Pay Over Time Offering at Hundreds of Thousands of Merchants

Fintech Finance

In recognition of this change, Cash App and Afterpay, part of Block, Inc. 1 Cash App was ranked among the top five most authentic brands to Gen Z, a core demographic for the brand, while Afterpay was ranked the most trusted BNPL provider compared to other providers.

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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

This month’s Deep Dive explores how FIs are harnessing customer authentication procedures like biometrics as well as AI-driven fraud detection systems to sniff out fraudsters without obstructing legitimate customers. About The Tracker.

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