Under PSD2’s Regulatory Technical Standards (RTS), account and payment service providers must comply with increased security requirements. At the heart of the RTS is the need for Strong Customer Authentication, allowing consumers to be better protected when making digital transactions.
While SMS and email are widely-used authentication methods, both are insecure channels and can be compromised by malware and fraud.
InAuthenticate® helps to address PSD2 requirements by enabling the mobile device to act as a trusted second factor of authentication and by providing a secure means to deliver payment or account-related authorisation messages – directly to a trusted mobile device.
Click here to download the InAuthenticate® Product Use Case.