Payment Fraud Detection: Protecting Your Business and Customers
Payment Fraud Detection: Protecting Your Business And Customers What Is Payment Fraud Detection? Payment fraud occurs when an individual steals another person’s payment information and uses it without authorization for transactions or purchases. The rightful owner of the payment information then discovers unauthorized activity in their account and raises a dispute. This poses a significant…
What is 3D Secure Mobile SDK and How does it work?
What Is 3D Secure Mobile SDK And How Does It Work? 3D Secure is a technical standard developed by Visa and Mastercard to enhance the security of internet payment transactions. It was originally developed to add an extra layer of security for online credit card transactions, by requiring the cardholder to enter a one-time code…
2FA vs MFA: Difference between two-factor authentication and multi-factor authentication
2FA Vs MFA: Difference Between Two-Factor Authentication And Multi-Factor Authentication 2FA vs MFA: MFA as opposed to 2FA. Therefore, two-factor authentication (2FA) requires users to show two types of authentication while MFA requires that users present at minimum two, if not more, types for authentication. This means that every 2FA is MFA however, not every MFA is a 2FA….
