How to navigate payment regulations without compromising customer experience

As payment fraud increases, global losses are projected to reach $40.62 billion by 2027. Governments and businesses are turning to meaningful customer authentication to crack down on identity theft. In particular, the EU has led the charge by introducing Strong Customer Authentication (SCA) regulations as part of the Payment Services Directive 2 (PSD2). Businesses should anticipate that multifactor requirements and security regulations will become more widespread as security attacks and fraud continue. For enterprise payment … More

The post How to navigate payment regulations without compromising customer experience appeared first on Help Net Security.

This article has been indexed from Help Net Security

Read the original article: