Best Practices MFA Third-Party Service Provider 
EBizCharge
JULY 16, 2024
Risk management Financial institutions and third-party service providers must construct and execute a risk-based approach to detect and prevent fraudulent ACH transactions. Advanced stages include multi-factor authentication (MFA) , encryption techniques, and continuous staff training.
Basis Theory
OCTOBER 1, 2024
Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. PCI helps by outlining some standard best practices to follow. Learn more about PCI DSS Requirement 8.
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