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Beyond KYC: How Technology is Transforming the Fraud Prevention Game

Fintech News

By evaluating the authenticity and richness of these digital signals, organisations can build a more nuanced risk profile for each user before onboarding even begins. The post Beyond KYC: How Technology is Transforming the Fraud Prevention Game appeared first on Fintech Singapore.

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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Outdated security methods like OTPs and siloed authentication methods dont provide the strong security or seamless customer experience needed to stay competitive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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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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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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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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Mastercard Reinvents Checkout With Password and Number Free Payments

Fintech Finance

Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. Mastercard’s technology is already making online checkout quicker for businesses.

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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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