Author: Silvana Chirita
PSD2: The new 3D Secure 2.0
The 3D Secure security protocol is one of the key changes deriving from PSD2 and the SCA(Strong Customer Authentication) amendments.
Types of behavioral biometrics: Mouse use characteristics
Biometrics represent uniquely identifying and measurable patterns in human interaction with devices such as the mouse use characteristics.
PSD2: EBA’s Opinion on SCA elements as of June 2019
The new Payment Services Directive – PSD2 is meant to better the current state of the European financial markets, adapt to the technological advancements of recent years, and propose up-to-date, common standards across the EU.
EBA approves typing biometrics in SCA of PSD2
The European Banking Authority clarifies on what constitutes a compliant element in each of the three possible categories of multi-factor authentication: inherence, possession, and knowledge. EBA approves typing biometrics as compliant to be used in multi-factor authentication.
Common drawbacks of multi-factor authentication
MFA brings forth strong layers of security, helps companies achieve compliance, and increases flexibility and productivity by removing the burden of passwords.
Significant MFA deployment factors to look for
Implementing MFA comes with multiple benefits like high security (one factor is not enough), better access control and compliance with regulations in various industries.