The introduction of the 3D Secure 2.0 (3DS2) protocol for strong customer authentication (SCA) could cost European retailers more than €100bn (US$116.7bn) in online sales in 2021, payments consultancy CMSPI predicts. SCA aims to reduce credit and debit card fraud but two-factor authentication technology “remains relatively new and unproven” and “adds significant unnecessary friction to […]

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