Payfone announces UK launch of Mobile Authentication

Friday 1 May 2020 10:58 CET | News

Payfone, an identity verification and authentication company, has announced that its Mobile Authentication is now protecting UK financial institutions and their customers.

Mobile Authentication provides a secure alternative to the use of SMS one-time passcodes (OTPs) during customer onboarding, login and two-factor authentication. The technology is particularly relevant for PSD2 SCA, where SMS OTP is used today.

Morevoer, Payfone’s Intelligence technology and its patented Trust Score verify consumers’ identities in an instant and  invisible way across mobile, web, and call centre interactions, says the company.

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Keywords: Payfone, mobile authentication, digital identity, banking
Categories: Fraud & Financial Crime
Countries: United Kingdom
This article is part of category

Fraud & Financial Crime

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