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The European Central Bank estimates Europe suffers from EUR1.3 Billion  in online card fraud each year. That’s why the Payment Services Directive 2 (PSD2) and the Regulatory Technical Standards (RTS) mandate what is known as Strong Customer Authentication (SCA). This will introduce two-factor authentication for most electronic payments made in the European Economic Area (EEA). Against this […] The post Dynamic Duo: Amadeus and CyberSource take on travel fraud appeared first on Travel Daily.

2 weeks, 4 days ago

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