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Wallet wars: How digital payments are reshaping finance

The Payments Association

Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks. Since digital wallets store vast amounts of sensitive financial data, regulators worldwide are strengthening requirements to enhance data privacy and security.

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How IDaaS is Revolutionizing Digital Identity

Segpay

These providers offer features like single sign-on (SSO), multi-factor authentication (MFA), and identity governance, all delivered through a secure cloud environment. Additionally, IDaaS providers often integrate risk-based authentication, which adapts security protocols based on the users behavior, device, and location.