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The Agora => UK & World News => Going Geek info => Topic started by: Maik on Monday, 14 March, 2022 @ 04:00:49
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UK shoppers face more identity checks when buying online
Two-factor authentication is designed to reduce the £376m lost to fraud in 2020
Online shoppers in the UK face more identification checks when paying for purchases on the internet from Monday, as new rules to clamp down on fraud come into force.
The new Strong Customer Authentication (SCA) requirements will change the way people confirm their identity when using their debit or credit cards to make online purchases, and are expected to lead to more card payments being declined. It is the biggest change to card payments since chip and pin was rolled out 16 years ago, and is designed to reduce the £376m lost to online fraud in 2020.
The measures are similar to those already faced by people logging into online banking. Customers will be asked to prove their identity when making a purchase by confirming two of three “factors”: something they are, for example by providing a fingerprint or facial ID; something they know, such as a passcode or password; or something they have, such as their mobile phone.
https://www.theguardian.com/money/2022/mar/14/uk-shoppers-face-more-identity-checks-when-buying-online