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Strengthening Cyber Defenses with Multi-Factor Authentication

VISTA InfoSec

Mutli-Factor Authentication (MFA) isn’t a new concept. What Is Multi-Factor Authentication? Let’s start with another simple definition – multi-factor authentication is any authentication method where more than one criterion has to be satisfied before access is granted to digital assets.

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HSBC Singapore Boosts Security with Singpass Face Verification

Fintech News

HSBC Singapore has reportedly become the first bank in the country to introduce Singpass Face Verification (SFV) for in-app provisioning on its mobile app. This step-up authentication is part of broader efforts to improve customer protection and security in Singapore’s banking sector.

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User-Based vs. Device-Based Age Verification: Protecting Minors Online 

Segpay

Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. What is Age Verification? Verification can be completed using government-issued ID scans, credit card authorizations, or other forms of identity verification.

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Major Retail Banks in Singapore to Adopt Singpass Face Verification Soon

Fintech News

Major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months in a concerted effort to bolster security against phishing scams. SFV will be used in high-risk scenarios to complement existing authentication methods during DT setup.

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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. This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works. We will also examine the benefits of using 3D Secure Authentication for merchants and provide some tips on implementing it at online checkout.

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iDenfy Launches Face Authentication to Weed Out Fraudsters in User Onboarding

The Fintech Times

To speed up this process to a matter of seconds, iDenfy , the Lithuanian regtech, is launching its new ‘Face Authentication’ service. The iDenfy Face Authentication check enables businesses to onboard new customers quickly and securely. The extracted information then verifies the authenticity of the face.

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Selfie Verification: Protecting Your Business & Combating Deepfakes

Evolve Payment

This newly developing deepfake trend poses a serious risk to businesses of all sizes, making advanced identity verification more critical than ever. One way we do this is through rigorous qualification processes, which sometimes include requests that seem strange on the surface, such as requesting a selfie for identity verification.