PYMNTS

SEPTEMBER 21, 2020

And in one recent edition of PYMNTS’ KYC/AML Tracker details, the rise of open banking is likely to spur a “fast track” for new AML efforts, including multifactor authentication (MFA) and strong customer authentication (SCA) processes.

Fincen 139

Fincen AML Suspicious Activity Report (SAR) Financial Crimes 139

PYMNTS

NOVEMBER 16, 2020

Sixty-one percent of banks report that fraud volumes are increasing over time, 59 percent say the total value of fraud attempts is going up, and 41 percent note that the average value of any given fraud attempt is on the rise. Financial institutions (FIs) require comprehensive strategies to fight APP fraud at this level.

Authentication 72

Authentication Best Practices Multifactor Authentication Fraud Prevention 72

PYMNTS

APRIL 30, 2018

PSD2 sets out the requirements for SCA, an identity verification procedure that leverages multifactor authentication. Multifactor authentication does introduce new frictions that could make purchasing goods online less desirable. SCA pulls in factors such as ownership (i.e.,

Multifactor Authentication 55

Multifactor Authentication Disputes Regulations Authentication 55

The Fintech Times

MARCH 6, 2024

Valeri Vanourek, vice president of digital payments at Discover® Global Network Valeri, please share your perspectives on the latest trends and innovations in the payments industry Digital e-commerce volumes continue to grow, alongside the shift to mobile and digital wallets. Network tokens and stored payment token usage are also on the rise.

Digital Payments 64

Digital Payments Innovation Security Issuers 64

Nanonets

SEPTEMBER 12, 2023

By automating routine tasks and approvals, businesses can enhance efficiency, reduce processing times, and ensure compliance with standard procedures. Scalability: Nanonets is a scalable solution that can handle large volumes of documents and data, making it suitable for businesses of all sizes. Users are billed at a rate of $0.08

Automation 52

Automation Payment APIs and Integration Process AI 52