‘What’s your pet’s name?’ is no way to authenticate someone

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PaymentsSource.com
By Stuart Mann

Many merchants may have thought that the Strong Customer Authentication elements of the European Payment Services Directive 2 (PSD2) would mean that fraud liability would be shifted away from their responsibility.

With a deeper understanding of the regulation, there is a realization that there are still many things which should be considered when managing online fraud attacks.

Read the full story here.