Remove Irrevocability Remove MFA Remove Multifactor Authentication
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Fighting Scams and Authorized Push Payment Fraud in the US

FICO

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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