Strong Customer Authentication definition

Strong Customer Authentication means an authentication based on the use of two or more elements categorised as knowledge (something only the user knows), possession (something only the user possesses) and inherence (something the user is) that are independent, in that the breach of one does not compromise the reliability of the others, and is designed in such a way as to protect the confidentiality of the authentication data;

Strong Customer Authentication means authentication based on two or more elements that are independent. The elements are (a) something that You know (b) something that You possess and (c) something that is inherent to You. A full definition is set out in the Payment Services Regulations;

Strong Customer Authentication means authentication based on the use of two or more elements that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data, with the elements falling into two or more of the following categories: (a) something known only by you (“knowledge”), (b) something held only by you (“possession”); (c) something inherent to you (“inherence”). Strong Customer Authentication is used to make Transactions more secure.

Examples of Strong Customer Authentication in a sentence

• This Licence shall be terminated on the expiry or termination of the Agreement or Strong Customer Authentication Schedule.

• The Client can manage the Account via the Internet by logging in to the personal Profile of the Client with the login and password and carrying out additional authentication (Strong Customer Authentication).

• Strong Customer Authentication - Means additional security measures to verify that you have authorised certain transactions or other actions related the use of your Card and/or Account.

• Strong Customer Authentication an authentication based on the use of two or more elements categorised as knowledge (something only the cardholder and/or account holder knows), possession (something only the cardholder and/or account holder possesses) and inherence (something the cardholder and/or account holder is) that are independent.

• Strong Customer Authentication has the same meaning as the Payment Services Directive EC 2015/2366.

More Definitions of Strong Customer Authentication

Strong Customer Authentication means a procedure for the validation of the identification of a natural or legal person based on the use of two or more elements categorised as knowledge, possession and inherence that are independent, in that the breach of one does not compromise the reliability of the others and is designed in such a way as to protect the confidentiality of the authentication data.

Strong Customer Authentication or “SCA” means payment instruction authentication based on the use of two or more independent Security Credentials that satisfies the requirements of the Payment Services Regulations.

Strong Customer Authentication means authentication based on two or more elements that are independent. The elements are (a) something that You know (b) something that You possess and

Strong Customer Authentication means authentication based on the use of two or more elements that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data, with the elements falling into two or more of the following categories:

Strong Customer Authentication means authentication based on the use of 2 or more elements that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data, with the elements falling into 2 or more of the following categories –

Strong Customer Authentication means authentication based on two or more elements that are independent. The elements are

Strong Customer Authentication means, for the purposes of this Act, authentication based on the use of two or more elements categorised as knowledge (something known only by the payment service user), possession (something held only by the payment service user) and inherence (something inherent to the payment service user) that are independent, in that the breach of one element does not compromise the reliability of any other element, and designed in such a way as to protect the confidentiality of the authentication data.