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Amex Acquires InAuth

PYMNTS

Long before American Express was a credit card issuer and a closed loop payments network, it was in the business of moving mail (and other things) quickly from one coast to the other. Because InAuth is already a fairly established — and important — part of how many major financial services players are developing user authentication.

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Canadians Have Polarizing Views on Evolving Payment Innovations With Security Concerns Being Top-of-Mind, Reveals New Payments Canada Study

Fintech Finance

Half of Canadians (50 per cent) find passkeys an appealing alternative method of user authentication that eliminates the need for usernames and passwords.

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Finovate Debuts: A Look at Stratos’ Digital Card Issuance Platform

Fintech Labs Insights

The Stratos card is a battery powered, Bluetooth-connected payment, rewards, and access card that, combined with the customer-facing mobile app and backend analytic capabilities for card issuers, offers a holistic solution. For card issuers: Digital Card Issuance Platform. Raised more than $7 million. 50+ employees. What’s next.

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Scammers Leveraging ChatGPT to Commit Identity Theft: Is Better Data the Solution?

Fi911

In the current volatile fraud landscape, Dietrich suggested it is imperative for merchants and invoice issuers to explicitly define their communication methods with their customers. Balance is Needed It is vital for businesses and financial institutions to calibrate the equilibrium between user authentication and transaction friction.

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PCI DSS Requirement 3 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

a Review policies and interview staff at issuing entities to confirm justified storage of sensitive authentication data. b Inspect data storage and system setups at issuing entities to ensure sensitive authentication data security. PCI DSS v3.2.1 PCI DSS v4.0 Requirement and Testing Procedures 3.2.a

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The Value Of Network Tokens

PYMNTS

The problems of security, data breaches, identity verification and user authentication just keep getting bigger. Now, said Bouda, network tokens have also been developed to leverage the EMV standards that were introduced by card networks when contactless mobile wallets made their debut in 2014.

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Your Ultimate Guide to Secure Payment Processing Systems

EBizCharge

Authentication mechanisms Authentication mechanisms are essential components of a secure payment processing system, ensuring each transaction is authorized by a legitimate user. During a transaction, AVS verifies the numeric portions of the billing address (street number, ZIP code, etc.) to confirm the cardholders identity.

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