Market Insights
How Can Canadian Banks Achieve Compliance with Guideline B-13?
In the current state of financial fraud and authentication in Canada, Guideline B-13 is set to be the regulatory framework that helps bolster the security of Canadian banks and financial institutions.
Big Tech Has Embraced FIDO2 — Here’s Why Banks Should Follow Suit
Some of today’s tech giants have already made the move toward implementing FIDO2 authentication. Here’s why banks and fintech companies should do the same.
FIDO2: Associated Standards Overview
When implementing FIDO2 authentication, examining the building blocks of the standard is a good place to start.
PSD3 is Coming — Is Your Business Ready?
A first look at the European Commission’s newest proposal, which has consumer rights and secure digital payments at its core.
PSD2: Revisions to SCA Requirements Have Arrived
Revisions to the Regulatory Technical Standards of PSD2 have come into effect in July 2023 — here’s what they mean for both payment service providers and customers.
FIDO2: The Easiest Path To Passwordless Authentication
FIDO2 is a powerful authentication framework with the potential to take passwordless authentication to new heights.
How Does iProov and Wultra's Joint Solution Deliver Secure Digital Onboarding?
In response to the adoption of digital banking and an increase in generative AI-based attacks, iProov and Wultra have created a secure digital onboarding solution to meet the needs of modern banks and financial services providers.
Money20/20 Europe: It’s Time to Talk About the Future of Digital Identity
At Money20/20 Europe, we’ll be focusing on a topic that will soon be affecting individuals and businesses across the EU: The European Digital Identity Wallet.
3 Reasons Why Banks Should Have the EU Digital Identity Wallet on Their Radar
Here’s how Wultra can help your business get ready for what's coming.
How Will the EU Digital Identity Wallet Transform Customer Onboarding?
The EU Digital Identity Wallet has the potential to revolutionize the way customers verify their identity, reactivate accounts, sign documents, and more.
Here’s How Countries Preparing to Join the EU Can Get Ready for PSD2
We’re living in exciting times, as a number of countries are currently on the road to becoming eventual members of the European Union.
PSD2: Final Registration Requirements for Service Payment Providers
This article marks the final installment of our Strong Customer Authentication overview series. We’ll review the final details for payment service providers looking to meet SCA requirements and reflect on some of the highlights of the regulatory requirements.
It’s Time to Rethink Mobile Onboarding
While many banks claim to adopt a mobile-first strategy, many often still connect their mobile applications to internet banking during customer activation and onboarding. This may sound harmless enough, so why is it an issue for customer security?
Using SMS OTP as 2-Factor Authentication in Banking and Financial Apps
Authentication via SMS-OTP is considered outdated because of higher overall costs, low user convenience, and insufficient regulatory compliance in specific geographic regions, but primarily for practical security reasons.
PSD2: When Is Strong Customer Authentication Not Required?
Payment scenarios exempt from SCA requirements are generally determined by a transaction’s amount, recurrence, and the channel used to carry out the payment. Let’s take a detailed look at these exemptions.
PSD2: Defining the Requirements of SCA Elements: Knowledge, Possession, and Inherence
Authentication elements are either categorized as knowledge, possession, or inherence. How are these categories defined — and what does each of them require?