Strong Customer Authentication means an authentication based on the use of two or more elements categorised as knowledge (something only the user knows), possession (something only the user possesses) and inherence (something the user is) that are independent, in that the breach of one does not compromise the reliability of the others, and is designed in such a way as to protect the confidentiality of the authentication data;
Strong Customer Authentication means authentication based on two or more elements that are independent. The elements are (a) something that You know (b) something that You possess and (c) something that is inherent to You. A full definition is set out in the Payment Services Regulations;
Strong Customer Authentication means authentication based on the use of two or more elements that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data, with the elements falling into two or more of the following categories: (a) something known only by you (“knowledge”), (b) something held only by you (“possession”); (c) something inherent to you (“inherence”). Strong Customer Authentication is used to make Transactions more secure.
Examples of Strong Customer Authentication in a sentence
Strong Customer Authentication rules SCA has had a big impact on stopping fraud, but it’s not keeping pace with innovation or customer demands.
It also satisfies the need consumers now have for a safer online payments journey.• PSD2 introduces Strong Customer Authentication (SCA) as a way of making online payments more secure.
Prescriptive regulation, such as Strong Customer Authentication (SCA), cannot keep up with the speed of innovation and changing customer demands.
More Definitions of Strong Customer Authentication
Strong Customer Authentication means a procedure for the validation of the identification of a natural or legal person based on the use of two or more elements categorised as knowledge, possession and inherence that are independent, in that the breach of one does not compromise the reliability of the others and is designed in such a way as to protect the confidentiality of the authentication data.
Strong Customer Authentication or “SCA” means payment instruction authentication based on the use of two or more independent Security Credentials that satisfies the requirements of the Payment Services Regulations.
Strong Customer Authentication means authentication based on two or more elements that are independent. The elements are (a) something that You know (b) something that You possess and
Strong Customer Authentication means authentication based on the use of two or more elements that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data, with the elements falling into two or more of the following categories:
Strong Customer Authentication means authentication based on the use of 2 or more elements that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data, with the elements falling into 2 or more of the following categories –
Strong Customer Authentication means authentication based on two or more elements that are independent. The elements are
Strong Customer Authentication means, for the purposes of this Act, authentication based on the use of two or more elements categorised as knowledge (something known only by the payment service user), possession (something held only by the payment service user) and inherence (something inherent to the payment service user) that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data.