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Remote Onboarding Boom Being Secured By Multifactor Authentication

PYMNTS

Overtaxing the royal attention span — that of the consumer — is a mistake, so multifactor authentication (MFA) processes are morphing in various ways to reduce onboarding frictions while maintaining rigorous multifactor authentication (MFA) and other fraud-fighting tools. Phone Call For You.

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New York Bolsters Cybersecurity Requirements

Global Fintech & Digital Assets

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Risk assessments should also be reviewed whenever a new business model is adopted or a new product is introduced.

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As The SCA Deadline Approaches, Issuers Struggle With Preparedness

PYMNTS

It’s hard to say if they are,” said McLain, who added that some issuers have gotten their arms around the shift to multifactor authentication to make online purchases more secure, and some are wrapping things up. Merchants, he said, need to realize that SCA need not be applied to all of a merchant’s online traffic.

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What’s Behind The Rise Of Behavioral Biometrics?

PYMNTS

PSD2 rules also include requirements for SCA, an identity verification procedure that leverages multifactor authentication. Department of Defense is at work on a project that involves tying together military hardware with such authentication factors as “hand pressure, wrist tension and gait while walking,” according to the report.

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The Top 5 Accounting OCR Software in 2024

Nanonets

Simplify Risk Assessment: Use Nanonets workflows for risk assessment with custom rules and a human-in-the loop model. Perform all assessments on autopilot while flagging documents for exceptions and rule failures. Audit Ready: Nanonets maintains a secure log of all activities for audit requirements.