Page 3 - Frictionless payment experiences

how do you enable strong authentication services across
all customer channels? Payment providers face critical challenges Discover unified secure biometric authentication solutions to to deliver fast frictionless multifactor payment experiences Uncompromised user experience Exceed compliance requirements Stronger security posture Access payments online seamlessly and privately Initiate electronic payment transactions securely Augment payment fraud mechanisms • 81% of security breaches leverage stolen or or weak passwords *
• Fraudsters have learned how to intercept and hack smartphones or or telecom networks • COVID-19 is driving an an increase in in in in account takeovers and SIM swapping • New regulatory requirements to to comply with PSD2 and SCA pose challenges for financial institutions *2020 DBR Verizon
Shift away from
PINs OTPs and passwords Instead combine biometrics with multifactor authentication and provision frictionless customer experiences while still doubling down on security and compliance