Stax
NOVEMBER 21, 2024
This is why it’s so important to go for a payment services provider (PSP) that offers robust credit card fraud prevention services to protect you from fraudulent chargebacks and help you better generate evidence to protect your business during chargeback disputes.
PYMNTS
NOVEMBER 17, 2020
This negative experience is due to a number of factors, including ineffective communication, unclear directions on how to access their devices, and tedious processes when setting up their accounts that often require multiple password entries and multifactor authentication (MFA) setup.
PYMNTS
JANUARY 27, 2021
Europe’s PSD2 regulations include SCA requirements for payment service providers, a feature of the legislation designed to combat fraud by using multifactor authentication to verify the identity of the payer. Adflex CEO Raises Commercial Card PSD2 Concerns.
PYMNTS
JANUARY 10, 2019
Very few of the participants in the payment ecosystem are remotely ready,” he said, “and that goes for the card brands and the payment service providers.”. In the latter case, he said the cloud services provider will do “a lot of the grunt work to ensure compliance from an encryption standpoint.”. Delving into SCA.
Global Fintech & Digital Assets
DECEMBER 11, 2023
Technical Controls The Amendments introduce a number of heightened technical controls, including: Multifactor Authentication: With only very limited exceptions, multifactor authentication (MFA) is now required for “any individual” accessing “any information system” of a covered entity.
Fintech Finance
MAY 22, 2024
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.
PYMNTS
NOVEMBER 16, 2020
Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones. Biometric authentication methods like fingerprint and facial recognition scans are now standard on the latest smartphone models.
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