Why Aren’t Regulators Fixing MFA Security Standards?

The use of biometric identifications systems in the financial sector is mushrooming as banks, credit card companies, and other institutions adopt them to improve security. Whilst regulations, like the EU’s Payment Services Directive (PSD2) and new ones from The New York State Department of Financial Services (NYDFS), are spurring this by requiring multi factor authentication (MFA).

Related Resources

Using Veridium for Passwordless

Watch Now