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

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

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

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

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 MFA Breach Cybersecurity 130

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

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

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

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 59

Authentication MFA Deepfake AI 59

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

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

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

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.

MFA 97

MFA Multifactor Authentication Verification Authentication 97

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 82

Account Takeovers MFA Fraud Detection Credit Cards 82

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 85

Rules Law Enforcement MFA Laws 85

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

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

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

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

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 85

AI MFA Regulatory Compliance Best Practices 85

VISTA InfoSec

NOVEMBER 7, 2023

Mutli-Factor Authentication (MFA) isn’t a new concept. However, despite this, there is still confusion surrounding the mechanism and how it adds to cyber defense. This article unravels the mysteries of MFA and how it can be used to strengthen cyber defenses. Another mechanism that is heavily relied on is MFA.

Authentication 130

Authentication MFA Cybersecurity Credential 130

The Fintech Times

AUGUST 23, 2024

Additionally, key organisations such as the Mongolian Fintech Association (MFA), established in 2019, have been instrumental in fostering the development of the fintech ecosystem. With nearly half a million users, SocialPay set the stage for the growth of digital financial services in the country.

Economy 115

Economy FinTech Governance Government 115

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

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

Seon

SEPTEMBER 11, 2023

Set up multi-factor authentication (MFA): Add one-time passwords (OTPs) or other types of MFA to all neobank accounts. Support Your Customers in Fighting Fraud With These Shareable Tips Fraud fighting is a joint effort between businesses and their users. We’ve helped by listing some simple tips to share with your customers.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

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.

Authentication 42

Authentication MFA Online and Mobile Banking Security 42

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).

Authentication 31

Authentication MFA Blockchain 31

Fintech News

MARCH 25, 2024

New capabilities observed within banking malware in 2023 include: Automated transfer system (ATS): A framework that allows cybercriminals to automate fraud by extracting credentials and account balances, initiating unauthorized transactions, obtaining multi-factor authentication (MFA) tokens, and authorizing fund transfers; Telephone-based attack delivery (..)

Mobile Banking 90

Mobile Banking Online and Mobile Banking Identity Theft Credential 90

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

Authentication 28

Authentication MFA FinTech 28

EBizCharge

MARCH 12, 2024

Merchants should also apply data encryption, tokenization, and multi-factor authentication (MFA) to ensure only authorized users can access payment portals. Merchants should also apply data encryption, tokenization, and multi-factor authentication (MFA) to ensure only authorized users can access payment portals.

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

PYMNTS

JUNE 3, 2020

This month’s Deep Dive explores how fraudsters are leveraging a multitude of tactics to infiltrate bank APIs, as well as how tools such as multi-factor authentication (MFA) and ML are being wielded to stop them. Banks’ defenses must be equally diverse if they wish to stand a chance against the rising tide of fraud. About The Tracker.

Real Time Payments 75

Real Time Payments API B2B MFA 75

The Paypers

JUNE 22, 2017

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

Authentication 28

Authentication MFA 28

The Paypers

DECEMBER 20, 2016

(The Paypers) According to a survey from SecureAuth , the use of multi-factor authentication (MFA) has raised with more than 40% year-over-year in 2016.

Authentication 28

Authentication MFA 28

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.

Authentication 28

Authentication MFA 28