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Why the UK is ready for Strong Customer Authentication

The problem of online fraud has been around for decades, and has been steadily growing alongside the staggering growth of eCommerce. Combatting this problem requires a multi-faceted approach from merchants, the payments industry, law enforcement and ordinary people, and one recent development has been the launch of Strong Customer Authentication (SCA) across Europe as part of the Payment Services Directive 2 (PSD2) regulations.

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Bottomline acquires Bora Payment Systems

Bottomline (NASDAQ: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, announced that it has completed the acquisition of Bora Payments Systems, enabling Paymode-X vendors to utilize straight through processing (STP) as a method of accepting virtual card payments.

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With cross-border ecommerce having grown by 35% globally over the last year with no signs of slowing down, how do PSPs address this explosion in demand?

In this article discusses the sharp rise in global/cross-border e-commerce and the need to offer a multi-currency solution for accepting payments for merchants.

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