Remove Authentication Remove Encryption Remove Payment Security
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Payment Security: Everything You Need to Know About Secure Payments

Stax

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments.

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What is 3D Secure Authentication and How Does It Work

Stax

One solution to counter this problem is 3D Secure Authentication. 3D Secure is a fraud prevention solution with an added layer of security that helps protect buyers and merchants from fraudulent online transactions. This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works.

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Mastercard to Phase Out Passwords by 2030 with Biometrics, Tokenisation

Fintech News

Citing concerns about online fraud, which occurs at seven times the rate of in-store fraud, Mastercard proposes a system that relies on tokenisation and biometric authentication, such as fingerprints and facial recognition. With this shift we are protecting sensitive data through advanced encryption and tokenisation technologies.

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How a PIN Works on Credit Cards and Debit Cards

Clearly Payments

The purpose of a PIN is to authenticate the identity of the cardholder during a transaction. In a payment scenario, the PIN helps confirm that the person using the card is authorized to do so. For merchants, this layer of security is critical. This ensures that only the person who knows the PIN can authorize the payment.

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Is No-Factor Authentication Digital Security’s Future?

PYMNTS

“When we put these detection mechanisms in the space, we have to take a holistic view of what is going to drive security, but also reduce friction,” Xie said. “So So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. The Zero-Authentication Future.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

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Generative AI Unleashed: Transforming Industries with Cutting-Edge Innovation

Segpay

The technology’s capacity to learn from evolving threats through Machine Learning (ML) creates a dynamic defense against emerging fraud schemes, making digital transactions more secure for users and businesses. These biometric features add an extra layer of security by ensuring that only authorized users can make transactions.

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