PYMNTS

NOVEMBER 27, 2020

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. Taking Authentication To The Streets.

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VISTA InfoSec

JUNE 3, 2024

Multi-Factor Authentication (MFA) Implementing multi-factor authentication (MFA) adds an extra layer of security to the authentication process. MFA requires users to provide two or more verification factors, such as a password and a one-time code sent to their mobile device.

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The Fintech Times

MAY 24, 2024

Only 45 per cent of global organisations have implemented multi-factor authentication (MFA). Other notable findings for UK decision-makers Organisations have protections against identity fraud, but the UK relies on multi-factor authentication in place of more advanced technologies. childhood pets, mother’s maiden name.

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PYMNTS

SEPTEMBER 6, 2019

The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. The need for newer, stringent authentication comes as call centers — especially those for banks and other financial services — are getting hit with increasingly sophisticated fraud.

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PYMNTS

SEPTEMBER 5, 2019

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts. Fraud is an ever-evolving space, [so] it’s important, with multifactor authentication, to look at it holistically,” she said.

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PYMNTS

JUNE 8, 2020

Tightening Authentication. FIs must use highly secure methods to authenticate customers’ identities and make it difficult for cybercriminals that manage to steal customer information to pass themselves off as legitimate customers. MFA requires customers to prove their identities by providing at least two types of credentials.

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Stax

MARCH 4, 2024

How do two-factor authentication and “3-D secure” protect payment information? Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Beyond that, it helps to use multi-factor authentication (MFA) for transactions and access controls.

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VISTA InfoSec

OCTOBER 21, 2024

Whichever cryptocurrencies you’re trading in, make sure to look for these security features in your next crypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password.

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Payments Source

OCTOBER 15, 2019

MFA stops broad attacks, but more targeted hacks can still get through, says KnowBe4's Roger Grimes.

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The Paypers

MARCH 1, 2023

US-based authentication company 1Kosmos has announced that its 1Kosmos DevX platform will work with existing and new applications in a simplified process.

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VISTA InfoSec

JUNE 27, 2024

A joint investigation by Mandiant, Snowflake, and CrowdStrike revealed that Sp1d3r tracked as UNC5537, used stolen customer credentials to target at least 165 organizations that had not enabled multi-factor authentication (MFA) on their accounts.

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VISTA InfoSec

FEBRUARY 28, 2024

Today, we turn our attention to Requirement 8: Identify Users and Authenticate Access to System Components. Changes Core Requirement Authentication must use at least one of the following: - Something you know (password) - Something you have (token) - Something you are (biometrics) Same core requirement. c (v3.2.1) -> 8.2.2.c

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VISTA InfoSec

OCTOBER 21, 2024

Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system. Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures.

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PYMNTS

SEPTEMBER 4, 2019

That can make the authentication process tricky when it comes to satisfying consumers who want things done quickly. In the latest Call Center Commerce Tracker , PYMNTS examines how contact centers are using technologies like AI, biometrics and multifactor authentication (MFA) to keep customers satisfied and, most importantly, safe.

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The Payments Association

OCTOBER 24, 2024

Additionally, security protocols such as multi-factor authentication (MFA) and 3-D Secure help reduce the risk of unauthorised transactions and fraud. of surveyed merchants, add extra layers of authentication during checkout, lowering the likelihood of chargebacks related to fraudulent activity. These measures, used by 32.4%

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PYMNTS

FEBRUARY 18, 2020

It can also help financial institutions (FIs) assess data from multiple channels, create seamless connections and enable them to make complex authentication decisions and detect fraud in real time. Omnichannel Fraud Protection.

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PYMNTS

NOVEMBER 13, 2020

Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords. Multifactor authentication (MFA) and biometric scans are quickly becoming the norm in numerous fields, including online accounts for banks and other businesses.

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Multifactor Authentication MFA Verification Online and Mobile Banking 97

CB Insights

FEBRUARY 20, 2017

This year, multi-factor authentication is one increasingly hot area within the cybersecurity industry. Multi-factor authentication (MFA) is a security protocol that requires more than one unique credential to verify a user’s … Continued. Cybersecurity companies saw a record number of deals last year.

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Fintech News

MARCH 19, 2024

This collaboration will see Accredify integrating Okta’s advanced identity management solutions, including Single Sign-On (SSO) and Multi-Factor Authentication (MFA), to benefit its clientele.

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MFA Deepfake Credential Privacy 101

The Paypers

MAY 26, 2017

(The Paypers) Vera has announced the support for multi-factor authentication (MFA) solutions by Duo Security , RSA SecureID and Twilio.

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The Paypers

OCTOBER 25, 2016

(The Paypers) Authlogics has announced the launch of its multi-factor authentication (MFA) platform to enable retail banks` customers to securely access online, mobile and telephone banking services.

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The Paypers

APRIL 21, 2016

(The Paypers) Centrify has announced the multi-factor authentication (MFA) service throughout the entirety of their identity and access management offerings.

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PYMNTS

JUNE 25, 2020

Banks are leveraging multi-factor authentication (MFA) and machine learning (ML) to protect these systems, but customers fear this may not be enough. This month’s Deep Dive explores the financial crime threats that open banking systems face in their deployment, and how MFA and ML systems are being leveraged to protect them.

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PYMNTS

JUNE 29, 2020

Multi-factor authentication (MFA) is a much more effective way to secure these entry points by requiring not only a password, but also an additional verification method, such as a code sent to a user’s phone or a biometric system, like a fingerprint reader or facial recognition scanner.

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PYMNTS

SEPTEMBER 5, 2019

One of the biggest changes is that call centers are moving away from knowledge-based authentication (KBA) methods like passwords and PINs and employing methods with multi-factor authentication (MFA). Voice Authentication. Call centers are especially vulnerable. Lindsay Sacknoff, head of U.S. Lindsay Sacknoff, head of U.S.

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VISTA InfoSec

JUNE 18, 2024

In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). Steer clear of easily guessable codes like pet names or birth dates. A crafty hacker could infiltrate accounts secured by flimsy credentials. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts.

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Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. Beyond this, working with clients and customers to continuously improve the authentication process is equally as valuable against every type of fraud out there. The post What is Third-Party Fraud?

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The Paypers

JUNE 22, 2017

(The Paypers) Authlogics has announced the release of Authlogics Authentication Server 3.0, the company’s multi-factor authentication (MFA) solution.

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The Paypers

OCTOBER 31, 2017

(The Paypers) Sony has filed with the US Patent and Trademark Office (USPTO) a patent application for a blockchain-based multi-factor authentication system (MFA).

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PYMNTS

JUNE 9, 2020

SCA, MFA, All the Way. Increasingly, that work is being performed by dynamic global identity verification platforms that use strong consumer authentication (SCA) and/or multi-factor authentication (MFA) to harden the onboarding process against an army of cyberthieves exploiting pandemic disorder.

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The Paypers

JUNE 19, 2018

(The Paypers) Didier Perrot from inWebo reveals more about the way the company caters for customers’ authentication needs (for banks and fintechs), and outlines the MFA market in France

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Fi911

JANUARY 31, 2024

From customer authentication to funds transfer, this technology is poised to become a central element in various banking processes. Embracing Transformation: Envisioning Gen AI’s Impact on Banking Generative AI, driven by advanced deep learning models, stands poised to redefine the landscape of finance.

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The Paypers

JUNE 8, 2016

(The Paypers) Clavister has launched an authentication solution which combines The Clavister MFA Server, a mobile app Clavister Authenticator and an SMS-based One Time Password (OTP) service.

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Finovate

MAY 1, 2024

Access management and authentication company SecureAuth has completed its acquisition and integration of Cloudentity. Integrating Cloudentity’s orchestration and FGA capabilities will complement SecureAuth’s suite of identity security solutions such as its AI/ML Risk Engine and Passwordless MFA technologies.

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PYMNTS

JUNE 8, 2020

This also allows hackers to bypass in-app authentication procedures because it can be easier to steal API keys — the credentials developers use to build apps that harness APIs — than contend with apps’ biometric or two-factor authentication (2FA) processes.”. MFA and APIs Make A Good Pair. Cloud Havens and Changing Keys.

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VISTA InfoSec

APRIL 3, 2024

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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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. It's that easy.”.

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