PYMNTS

OCTOBER 6, 2020

The need for virtual IBANs has become ever more pronounced, she said, as the demand for digital banking services has been on an upswing, opening a range of opportunity for FinTechs to provide better access for those services offered to consumers and businesses, leveraging an online platform for that access.

IBAN 94

IBAN Multifactor Authentication Multi-Currency Authentication 94

PYMNTS

SEPTEMBER 3, 2020

For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI payment solutions at FIS.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

PYMNTS

JANUARY 10, 2019

The headlines surrounding PSD2 trumpet the arrival of open banking – where customers and companies have access to data in one place and can share it with third parties through APIs – but there is also the need for strong customer authentication (SCA). PSPs have been steadily gathering more information from merchants.

Multifactor Authentication 69

Multifactor Authentication Authentication Compliance Service Provider 69

PYMNTS

JUNE 8, 2020

There appears to be strong demand for such services, too, with the global open banking market projected to increase in value at a compound annual growth rate (CAGR) of 24.4 Tightening Authentication. percent between 2019 and 2026, hitting $43.2 percent “less likely to be compromised.”.

Authentication 60

Authentication MFA Phishing Scams 60

Global Fintech & Digital Assets

DECEMBER 11, 2023

The changes impose more demanding requirements for larger entities, new obligations to report ransomware incidents and payments, and expanded oversight responsibilities for board and senior management. On November 1, 2023, the DFS announced the Amendments to its regulations that were initially published in 2017 (23 NYCRR part 500).

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

FICO

JANUARY 27, 2020

Identity Theft Demands Self-Advocacy. Whether it’s fraud or money landering, the steps in identifiying these activities are the same: customer authentication, monitoring transactions and detecting suspicious behaviors or anomalies, and appropriately responding to these risks. Enjoy and happy 2020! AML Gets Integrated.

Financial Crimes 52

Financial Crimes Crime Identity Theft Multifactor Authentication 52

PYMNTS

AUGUST 16, 2018

Meeting those consumer demands while also trying to integrate mobile systems that require a fusion of legacy systems with the newest technology can be easier said than done, of course. “The PSD2 sets out the requirements for SCA, an identity verification procedure that leverages multifactor authentication.

Mobile Payments 51

Mobile Payments Multifactor Authentication Authentication Payments 51