Remove Authentication Remove Fraud Prevention Remove MFA
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Navigating the rise of AI-enabled fraud

The Payments Association

This is evidenced by the fact that payment card fraud alone is projected to increase by over $10 billion between 2022 and 2028, according to the data. By analysing large datasets, AI can quickly recognise unusual behaviours and detect fraud in real time, significantly reducing the risk of fraudulent transactions.

AI
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Runa Introduces Runa Assure: Proactive Security for Payout Protection

Fintech Finance

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics.

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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

Fraud prevention measures: Sage credit card processing supports various fraud protection tools, such as Address Verification System (AVS) , VCC verification, and transaction monitoring. These measures help detect suspicious activity, prevent unauthorized transactions, and reduce chargeback risks.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

This is why it’s so important to go for a payment services provider (PSP) that offers robust credit card fraud prevention services to protect you from fraudulent chargebacks and help you better generate evidence to protect your business during chargeback disputes.

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What is 3D Secure Authentication and How Does It Work

Stax

One solution to counter this problem is 3D Secure Authentication. 3D Secure is a fraud prevention solution with an added layer of security that helps protect buyers and merchants from fraudulent online transactions. This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works.

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UnionDigital Bank to offer passive MFA through the Callsign platform

The Paypers

Fraud prevention company Callsign has announced that UnionDigital Bank has chosen their platform to offer customers passive multi-factor authentication (MFA).

MFA
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Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

Multi-factor authentication (MFA) is a much more effective way to secure these entry points by requiring not only a password, but also an additional verification method, such as a code sent to a user’s phone or a biometric system, like a fingerprint reader or facial recognition scanner.

MFA