Remove Authentication Remove Fraud Prevention Remove Multifactor Authentication
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Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education

PYMNTS

Ryan Leblond , manager of fraud prevention and investigations at ESL Federal Credit Union , explained these key strategies in a recent PYMNTS interview. FIs can adopt more robust login approaches to make it less likely that bad actors can obtain the necessary information to pass authentication checks. Invisible Security.

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iovation rolls out LaunchKey mobile multifactor authentication platform

The Paypers

(The Paypers) iovation , a provider of device intelligence-based authentication and fraud prevention solutions, has announced the general availability of its LaunchKey mobile multifactor authentication solution.

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Zelle: The Role Of AI In Stopping COVID-Related P2P Payment Scams

PYMNTS

The October Preventing Financial Crimes Playbook explores the latest financial crime developments, including the growing threat of P2P payment app fraud, evolving customer attitudes surrounding multifactor authentication and biometrics, and recent successes in fraud prevention in the United Kingdom.

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Swap.com Uses Data Analytics To Fight Post-Holiday Fraud Surge

PYMNTS

Retailers are devoting as much as 10 percent of their annual budgets to fraud prevention, as customers who have been scammed while patronizing a given store are far less likely to make a return visit. For more on these and other digital fraud news items, download this month’s Tracker. A survey found that 92 percent of U.S.

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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning

PYMNTS

Fraud orchestration can help solve this issue as it allows banks to build holistic fraud prevention defense systems and gain 360-degree views of their customers. Omnichannel Fraud Protection.

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Deploying A Multilayered Fraud Prevention System During The COVID-19 Pandemic

PYMNTS

There are three primary factors of good authentication: something you know, like a password; something you have, like a [code sent to your] phone; and something you are, like a biometric,” she explained. Requiring at least two of these gives you something that’s secure but not hugely inconvenient to our customers.”.

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KeyBank On Fighting APP Fraud During The COVID-19 Pandemic

PYMNTS

Financial institutions (FIs) require comprehensive strategies to fight APP fraud at this level. KeyBank’s strategy for fighting APP fraud is twofold, consisting of customer education and back-end authentication procedures. How The Pandemic Makes APP Fraud More Pernicious. APP fraud is not a new occurrence.