Authentication Irrevocability Multifactor Authentication 
FICO
JANUARY 22, 2020
Banks were asked which identity and authentication strategies they used, with the majority saying they used multifactor authentication (84 percent). Real-time Payments Fraud: Time For Convergence.
FICO
NOVEMBER 7, 2022
Scammers have identified that the immediate and irrevocable nature of payments through the P2P apps means that if a consumer can be tricked in payment, they can’t claw it back. Enable multifactor authentication (MFA), avoiding text or email for one-time passcode sharing whenever possible.
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