What is Strong Customer Authentication? Strong
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Posted On: 05/05/2019 11:22:13 PM
What is Strong Customer Authentication?
Strong Customer Authentication (SCA) is a new European regulatory requirement to reduce fraud and make online payments more secure. To accept payments once SCA goes into effect, you will need to build additional authentication into your checkout flow. SCA requires authentication to use at least two of the following three elements.
SOMETHING THE CUSTOMER KNOWS
(e.g., password or PIN)
SOMETHING THE CUSTOMER HAS
(e.g., phone or hardware token)
SOMETHING THE CUSTOMER IS
(e.g., fingerprint or face recognition)
Starting 14 September 2019, banks will decline payments that require SCA and don’t meet these criteria. (If you would like to read the original SCA requirements, they are set out in the Regulatory Technical Standards or RTS.)
Read More: https://investorshangout.com/post/view?id=542...z5n6xFSCL4
Strong Customer Authentication (SCA) is a new European regulatory requirement to reduce fraud and make online payments more secure. To accept payments once SCA goes into effect, you will need to build additional authentication into your checkout flow. SCA requires authentication to use at least two of the following three elements.
SOMETHING THE CUSTOMER KNOWS
(e.g., password or PIN)
SOMETHING THE CUSTOMER HAS
(e.g., phone or hardware token)
SOMETHING THE CUSTOMER IS
(e.g., fingerprint or face recognition)
Starting 14 September 2019, banks will decline payments that require SCA and don’t meet these criteria. (If you would like to read the original SCA requirements, they are set out in the Regulatory Technical Standards or RTS.)
Read More: https://investorshangout.com/post/view?id=542...z5n6xFSCL4
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Get .... PrivacyLok https://cyberidguard.com/
Try SafeVchat: https://cyberidguard.com/
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Please conduct your own due diligence before choosing to buy or sell any stock.
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