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. This type of MFA will combine certain KBA elements, such as usernames, with alternate authentication measures that are harder to obtain in data breaches.

MFA 49

MFA Authentication Phishing Verification 49

PYMNTS

SEPTEMBER 5, 2019

Seventeen percent of call centers are looking to replace knowledge-based authentication (KBA) with multi-factor authentication (MFA) to better protect customers from scheming fraudsters, and though that may not seem like a high percentage, it is double the number of centers that were looking at such methods in 2018.

MFA 46

MFA Multifactor Authentication AI Authentication 46

Nomentia

JUNE 17, 2024

release introduces enhanced security with compulsory MFA, expanded bank connectivity, and numerous usability improvements to ensure greater protection, flexibility, and efficiency for users managing their financial operations. Nomentia Cash Management 2024.05 Let’s explore:

Cash Management 59

Cash Management MFA Security Product 59

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.

MFA 36

MFA Process Verification Authentication 36

The Paypers

JUNE 11, 2024

Authsignal , providing an MFA and passwordless platform designed for secure authentication, has announced its partnership with AWS Marketplace.

Authentication 36

Authentication MFA Security 36

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Q: What is the most secure online payment method?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

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.

MFA 28

MFA Security Authentication 28

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.

FBI 130

FBI Breach MFA Cybersecurity 130

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.

MFA 28

MFA Authentication 28

PYMNTS

SEPTEMBER 4, 2019

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. TD Bank on the Importance of AI, MFA in Call Center Channels. Around the Call Center Commerce World. About the Tracker.

MFA 61

MFA Multifactor Authentication Security Authentication 61

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. percent of fraud attempts, according to one study.

MFA 96

MFA Risk Security API 96

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.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

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.

MFA 96

MFA Deepfake Credential Privacy 96

PYMNTS

JUNE 8, 2020

PSD2 was designed with such risks in mind, and its Strong Customer Authentication (SCA) provision — which takes effect in participating countries throughout 2020 and 2021 — compels companies to verify users’ identities with multi-factor authentication (MFA) whenever they attempt to access user accounts or digitally send payments.

Authentication 60

Authentication MFA Phishing Scams 60

Payments Source

OCTOBER 15, 2019

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

Multifactor Authentication 71

Multifactor Authentication MFA Authentication Identity Theft 71

The Fintech Times

MAY 24, 2024

Only 45 per cent of global organisations have implemented multi-factor authentication (MFA). In fact, 59 per cent of UK respondents admit they have 2FA or MFA in place to protect employees and customers against fraud while half use biometrics to protect employees and customers against fraud.

Authentication 57

Authentication MFA Deepfake AI 57

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.

Financial Crimes 91

Financial Crimes MFA Federal Trade Commission Crime 91

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.

Data Security 266

Data Security Security Encryption Cybersecurity 266

Stax

AUGUST 20, 2024

This is what’s commonly known as two-factor authentication (2FA) or multi-factor authentication (MFA). The Australian Payments Network (AusPayNet) mandate requires merchants to use a 3D Secure system of either two-factor authentication (2FA) or multi-factor authentication (MFA). 3D Secure 2 (3DS2) meets the criteria for PSD2.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

VISTA InfoSec

OCTOBER 21, 2024

Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system. Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

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. Phone Call For You.

Multifactor Authentication 107

Multifactor Authentication Authentication Security MFA 107

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. According to the Chargeback Field Report, 20.2% of merchants use such services to prevent disputes before they escalate into chargebacks. These measures, used by 32.4%

Disputes 88

Disputes Non-Bank MFA Legal 88

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. percent ‘less likely to be compromised.’

AML 52

AML MFA Authentication Verification 52

PYMNTS

NOVEMBER 13, 2020

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

Multifactor Authentication 97

Multifactor Authentication MFA Verification Online and Mobile Banking 97

Finovate

MAY 1, 2024

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.

Acquirers 59

Acquirers Technology MFA Compliance 59

Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. Machine learning algorithms can analyze vast amounts of data to identify anomalies, enabling banks to detect third-party fraud attempts promptly.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93

Fintech News

DECEMBER 18, 2023

The Ministry of Foreign Affairs (MFA) has engaged with the PRC Embassy in Singapore to register concerns and understand how affected remitters can unfreeze their funds and accounts. Approximately 430 reports were against Samlit Moneychanger. These cases represent a small minority of total remittance transactions through remittance companies.

Rules 98

Rules Law Enforcement MFA Laws 98

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). Call centers are especially vulnerable. Call centers are experimenting with hybrid methods to combat ATO attacks and other types of fraud.

MFA 59

MFA Authentication Multifactor Authentication AI 59

The Paypers

OCTOBER 12, 2018

(The Paypers) Unibank, a Panama-based bank specializing in corporate and private banking, and Datapro have implemented Verified by Ipsidy , a mobile, biometric multi-factor authentication solution.

MFA 28

MFA Authentication 28

PYMNTS

JUNE 8, 2020

MFA and APIs Make A Good Pair. API protection begins with ironclad user verification, such as MFA [multi-factor authentication] systems that require input from users besides their passwords, like codes sent to their phones via text messages or biometric inputs like fingerprints,” the June Tracker states. “API That’s changing now.

API 52

API B2B MFA Security 52

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. Now you can log into an app and reset a password, or — if you already have that password — use that SIM card to get [an MFA] code. It's that easy.”.

MFA 71

MFA Verification Online and Mobile Banking Multifactor Authentication 71

PYMNTS

JUNE 9, 2020

The bank is relying on tools like multi-factor authentication (MFA) to balance seamlessness and security while verifying customers’ identities during mobile onboarding. We use the same enrollment MFA for the app and for the online desktop.” . That means FIs must make sure they can properly authenticate customers at speed and scale.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

Fi911

JANUARY 31, 2024

So, before diving headfirst into implementation, institutions must consider these data security best practices: Implement multi-factor authentication (MFA) to add complexity to scammers’ attempts to gain unauthorized access to accounts.

AI 95

AI MFA Regulatory Compliance Best Practices 95

The Payments Association

OCTOBER 22, 2024

AI-based fraud scoring, geo-location monitoring, and implementing multi-factor authentication (MFA) can further enhance real-time fraud detection and prevention. Additionally, behavioural biometrics can detect fraud by monitoring user actions like typing speed or mouse movements for signs of coercion.

Rules 88

Rules Fraud Prevention Deepfake Caps 88

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. By limiting user access rights to the minimum necessary for their job functions, businesses can minimize the potential impact of a security breach.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

Global Fintech & Digital Assets

DECEMBER 11, 2023

Technical Controls The Amendments introduce a number of heightened technical controls, including: Multifactor Authentication: With only very limited exceptions, multifactor authentication (MFA) is now required for “any individual” accessing “any information system” of a covered entity.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

CB Insights

FEBRUARY 20, 2017

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. This year, multi-factor authentication is one increasingly hot area within the cybersecurity industry.

Cybersecurity 46

Cybersecurity Authentication MFA Credential 46