Strong Customer Authentication Sample Clauses

The Strong Customer Authentication clause requires that users verify their identity through multiple independent methods before accessing certain services or completing transactions. Typically, this involves a combination of something the user knows (like a password), something they have (such as a phone or token), or something they are (biometric data). By mandating these layered security checks, the clause aims to reduce the risk of unauthorized access and protect against fraud, thereby enhancing the overall security of sensitive transactions.
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Strong Customer Authentication. 7.1 What action must you take to protect against unauthorised activity? 7.2 In what circumstances should your Establishments participate in an AESK Programme? 7.3 To participate in an AESK Programme, your Establishments must: 7.4 What if your Establishments do not meet the criteria listed at Section 7.3. of this Schedule B? If you, at any time, do not meet the requirements listed in the section above, or if we receive a disproportionate number of Disputed Charges relative to your prior history or industry standards or high incidence of fraud then: • we may, at our sole discretion, modify or terminate your Establishment’s participation in the AESK Programme which could result in you being liable for fraudulent Charges; and • you must work with us to reduce the number of Disputed Charges at your Establishment. 7.5 What further criteria and requirements apply to AESK Programmes? a. fully SafeKey authenticated for which you will receive an electronic commerce indicator “5” (ECI 5); or b. SafeKey authentication was attempted for which you will receive an electronic indicator “6” (ECI 6); • for Application Initiated Charges, the Charge must indicate that it was fully SafeKey authenticated for which you will receive an ECI 5; a. the appropriate SafeKey authentication data was provided in both the Authorisation request and the Charge submission; and b. the Cardmember disputed the Charge as fraudulent. 7.6 What is the impact of the use of SafeKey on the exercise of our Chargeback rights? 7.7 Do the AESK Programmes apply to Disputed Charges involving dispute reasons other than fraud? No (e.g., it does not apply to goods or services disputes). Terms and Conditions for American Express® Card Acceptance March 2024
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Strong Customer Authentication. 7.1 You acknowledge and agree that we may apply strong customer authentication (as that term is defined in the Payment Services Directive or the PSRs 2017 as applicable) where you, or any TPPs, access any of your Accounts, initiate payments or use certain electronic banking services.
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Strong Customer Authentication principle and application
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Related to Strong Customer Authentication

  • Certificate of Authentication Only such Securities as shall bear thereon a certificate of authentication substantially in the form hereinbefore recited, executed by the Trustee by the manual signature of one of its authorized officers, shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. The execution of such certificate by the Trustee upon any Security executed by the Issuer shall be conclusive evidence that the Security so authenticated has been duly authenticated and delivered hereunder and that the Holder is entitled to the benefits of this Indenture.

  • Multi-Factor Authentication for Remote Access DST shall use multi factor authentication and a secure tunnel, or another strong authentication mechanism, when remotely accessing DST’s internal network.

  • TRUSTEE’S CERTIFICATE OF AUTHENTICATION This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. The Bank of New York Mellon, as Trustee By: Authorized Signatory Dated:

  • Authentication Date The Notes of this Series shall be dated the date of their authentication.

  • An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Company and shall mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of Securities of the series with respect to which such Authenticating Agent will serve, as their names and addresses appear in the Security Register. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section. The Company agrees to pay to each Authenticating Agent from time to time reasonable compensation as negotiated between the Company and such Authenticating Agent for its services under this Section. If an appointment with respect to one or more series is made pursuant to this Section, the Securities of such series may have endorsed thereon, in addition to the Trustee's certificate of authentication, an alternate certificate of authentication in the following form: Form of Authenticating Agent's Certificate of Authentication Dated:_________________ This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. -------------------------- As Trustee By ________________________ As Authenticating Agent By ________________________ Authorized Signatory