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Ecommpay Adds Swish to Payment Platform to Improve Checkout Experience for Swedish Customers

Fintech Finance

The use of multifactor authentication via the app also reduces the risk of fraud. The post Ecommpay Adds Swish to Payment Platform to Improve Checkout Experience for Swedish Customers appeared first on FF News | Fintech Finance.

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U.S. Faster Payments Council Shares Results from 2025 Faster Payments Barometer

Fintech Finance

Addressing the Future of Faster Payments The 2025 Barometer highlights significant opportunities to address industry concerns, including the availability of value-added services like multifactor authentication and request for payment.

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FinCEN Files Show Banks’ ‘Whack-a-Mole’ Battle Against KYC/AML

PYMNTS

And in one recent edition of PYMNTS’ KYC/AML Tracker details, the rise of open banking is likely to spur a “fast track” for new AML efforts, including multifactor authentication (MFA) and strong customer authentication (SCA) processes.

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Deepfakes Threaten To Become The New BEC Scam

PYMNTS

Hackers will either use C-suite executives', finance team members', or suppliers' email addresses, or create ones that look very similar, to send their messages and trick professionals into thinking someone legitimate is making a request to alter payment procedures. At the heart of BEC and other scams is impersonation.

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myTU launches ‘Payouts API’ to Streamline Payment Processing for Businesses

Fintech Finance

MyTU implements advanced security through custom multifactor authentication, which integrates multiple ECDSA keys with IP and DNS data verification, and utilizes secure timestamps alongside bidirectional out-of-band communication, to ensure the highest standard of security and compliance.

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Top News In Payments: Mastercard Added To Marco Polo Network; Apple Gains Watch Patents

PYMNTS

Mastercard Joins Marco Polo Global Trade Finance Network. trillion global trade finance opportunity. Mobile app users may have different authentication preferences than those who call the contact center, which could lead to frictions if companies are not prepared. Uber, on the other hand, closed down 5.7

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Survey: Real-time Payments Fraud Up for 4 out of 5 APAC Banks

FICO

Banks were asked which identity and authentication strategies they used, with the majority saying they used multifactor authentication (84 percent). Banks will need to move beyond passwords and OTPs and add biometrics, device telemetry and customer behavior analytics to keep up with the changing payments landscape.