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Wultra Raises €6.8 Million in Series A Funding to Accelerate Global Expansion of Post-Quantum Digital Identity Solutions

Wultra, a provider of post-quantum authentication and digital identity solutions for banks and fintechs, announced the completion of a €6.8 million Series A funding round. The company helps financial institutions replace legacy authentication methods with phishing-resistant, post-quantum technologies that improve security and user experience. The investment round was backed by lead investor Seventure Partners, followed by ARIADNEXT founders Marc Norlain and Guillaume Despagne and existing investors J&T Ventures and Elevator Ventures.

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 more detailed look at each of these exemptions and their real-world applications.

mojeID Digital Identification Has Launched Throughout the EU

mojeID has recently been certified for EU-wide use, which means that it’s now possible for users to access e-government services throughout Europe.

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?

PSD2: The A-Z of Dynamic Linking in Online Transactions

The latest installment of our series focused on Strong Customer Authentication (SCA) explores the aspect of dynamic linking. How is this component vital to providing secure online transactions?

PSD2: The Role of Authentication Codes in Strong Customer Authentication

In a continuation of our article series on Strong Customer Authentication (SCA), we’ll be examining the requirements for generating a core component of SCA requirements: authentication codes.

PSD2: How Strong Customer Authentication Is Reshaping Digital Payments

The introduction and implementation of SCA has made it clear that certain authentication factors no longer cut it in terms of security. Here’s how your business can benefit from embracing SCA requirements.

Combating Modern Financial Fraud and Mobile Cyber-Crime

Let’s take a moment to think about each of the services that we, as consumers, carry out using a variety of mobile applications. Whether we’re purchasing something online or managing our personal finances, we turn to digital solutions that we access on our mobile devices. The adoption of mobile services isn’t going away anytime soon — in fact, it’s growing at a steady rate. Mobile devices (and the apps on them) have become a central part of our lives, and that’s a fact.

How Can Banks Achieve All-Around Mobile Banking Security?

Mobile banking security can be complex. There are a number of important components to consider, and it’s necessary for banks looking to achieve all-around security for their mobile banking applications to implement several important layers.

Facial Authentication 101: Here’s What You Should Know

We recently told you about a handful of current threats facing mobile banking users. In that post, we mentioned multi accounting, which is the act of purposefully creating multiple accounts in order to abuse a system. Multi accounting attacks on banking steal victims’ credentials and attackers pair victim’s accounts to mobile banking on their devices. A surefire way to protect against this type of attack is to implement a more thorough identity verification using a personal ID scan and server-side face biometrics.

What to Know About Passwordless Authentication in 2022

For many people, the concept of passwordless authentication can be difficult to wrap their head around. How is it that one safely logs in to and interacts with sensitive services without using a password, you may wonder?

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