Authentication practices, tools and processes are designed to prevent unauthorized users from gaining access to accounts or devices. This third article in a series on authentication’s critical role in payments highlights current and evolving methods to provide even stronger authentication.
Individuals can open, fund and send money from an account without ever leaving their premises. This first article in a series examines the lifecycle and methods of online identity verification and authentication.
The Federal Reserve has published the third and final research brief in a series on remote authentication fraud. This brief focuses on ways the Fed and industry can work together to improve fraud mitigation, build awareness and engage industry stakeholders.
The Federal Reserve has published the second research brief in a series, which takes a closer look into payment use cases and authentication methods that can help prevent the most common types of remote authentication fraud.