Digital Payments: Ensuring Trust in Every Transaction - ERP Spain.com - España y América Latina

Last year, more than four in five Americans used some form of digital payment, according to McKinsey. As the economy shifts towards a digital-first model, consumer expectations are growing with respect to the kinds of transactions they can do online. The rise of digital payments represents a major opportunity for banks, and ultimately, those able to meet and exceed customer expectations will win. But as transactions are adapted to the digital economy, banks have become more vulnerable to fraud than ever. Mitigating the risk of fraud and maintaining regulatory compliance are crucial to success in the age of online banking. In Episode 3 of Entrust’s Original Series, ‘Digital Banking Cybersecurity Playbook,’ we’re discussing the rise of online payments and exploring modern security approaches that will ensure trust in every transaction. Topics for discussion include: - The importance of trust in transactions and how to build and maintain consumer trust in the era of digital payments - Mitigating risk: how to protect consumers and secure transactions from fraud - Best practices for achieving compliance with MFA/SCA/PSD2 and with 3DS for CNP transactions - And more