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Putting Security And Fraud Protection Into Place With SCA

Security And Fraud Protection With SCA

Merchants are scrambling as the strong customer authentication (SCA) deadline looms. In other security news, phone numbers can provide a treasure trove of information about a consumer who is trying to open an account with an online merchant, onboard to an online service or sign up for a new banking account. And in retail, direct-to-consumer (DTC) innovators such as Bite Toothpaste Bits are aiming to create more sustainable oral care products with tablets. All this, Today in Data.

Data:

95 percent: Minimum share of people in the U.S. who possess phone numbers.

57 percent: Portion of businesses that are confident their operations comply with the General Data Protection Regulation (GDPR).

$55.8 billion: Approximate cost of SCA noncompliance for the European online community.

53 percent: Share of consumers who would provide mobile numbers to authenticate payments.

4 months: Frequency of Bite Toothpaste Bites refill deliveries.

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