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Runa Introduces Runa Assure: Proactive Security for Payout Protection

Fintech Finance

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics. Fraud doesnt stop at payment initiationit can strike anywhere along the payout journey.

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Wallet wars: How digital payments are reshaping finance

The Payments Association

The European PSD2 framework, growing pressure on big techs financial ambitions, and central bank digital currency (CBDC) discussions all indicate a looming regulatory crackdown. Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks.

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5 Common Cybersecurity Blunders Often Made by Commercial Enterprises

VISTA InfoSec

Unencrypted Data Data is a highly valuable currency of its own in the digital age, so it’s vital for any business to make data protection a major priority. Furthermore, strong authentication measures, such as two-factor or multi-factor authentication (MFA), verify the user’s identity before granting access to sensitive systems and data.

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B2B APIs Bring Connectivity, Security To The Cloud

PYMNTS

PYMNTS’ June 2020 B2B API Tracker® done in collaboration with Red Hat , observes that recent rapid adoption trends for APIs among banks and financial institutions (FIs) indicate a wolf at the door (Big Tech, challengers), but more so, the realization that customer experience (CX) is the new currency. MFA and APIs Make A Good Pair.

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The Ultimate Guide to Salesforce Payments

EBizCharge

Additionally, integrating with PCI-compliant payment solutions and enabling multi-factor authentication (MFA) adds an extra layer of security, helping businesses meet compliance requirements and safeguard customer payment data.

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How Cloud-Based Accounts Payable Portals Are Helping Secure The Spice Trade

PYMNTS

That could mean buyers may have to pay a few hundred dollars in hard currency or send small amounts through digital money transfer services in exchange for desirable spices. The payments portal login is also safeguarded with multi-factor authentication (MFA). This is an accountability best practice,” Mayer said.

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$13.5M Loss Shows Why Layered Fraud Defences Matter

FICO

This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. Multi-Entity Profiling. Layer 2 – Authentication. It is noteworthy that Cosmos Bank’s back door was suspected to have been breached through a remote access to the system or through testing software.