The risk of cyber fraud is increasing faster than the total volume of financial transactions across the internet. In just two years, internet transactions increased by 200%, while fraud increased 178%...and that was exclusively in the mobile channel. Is fraud becoming better business than the business itself?
The European Commission's Payment Services Directive II, or PSD2, stands to revolutionize the payment industry. In addition to driving innovation and competition, the recent regulation calls for a new generation of customer security.
Download this new analyst report to learn:
- The latest threats to payments that are driving the need for strong customer authentication
- Current fraud trends across the Web and mobile channel
- Practical guidance on PSD2 security requirements for remote transactions