Online banks strengthen security

Tuesday, 18 July 2006, 2:42 AM EST

About five times a month, customers try to renege on purchases and transfers they've made through their SolidPay e-wallet accounts by claiming they're victims of fraud. Each time the data gathered through SolidPay's authentication system proves they're lying, saving the company what could be tens of thousands of dollars per month in charge-backs to its customers' accounts.

At CIO Today.

[ Read more ]




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