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Global payments technology major Mastercard has joined hands with Federal Bank to provide an additional layer of security for digital transactions.
Mastercard Identity Check is a global authentication program that uses the latest authentication standards of EMV 3-D Secure to provide an additional layer of security for digital transactions and facilitate higher approval rates, improving the authentication experience for merchants, issuers and cardholders.
It provides banks with a secure and user-friendly way to authenticate cardholders without the use of static passwords, increasing approval rates.