What Is FedNow & How Can Businesses Prepare for It?
Seon
JULY 27, 2023
The payer approves, then their credit union screens the payment and sends a payment message through the FedLine network. As shown above, SEON’s software uses device fingerprinting to keep a record of all transactions and their associated accounts, with the chosen rules using the resultant data to assign a risk score to each user.
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