Galileo Financial Technologies Launches Galileo 3D Secure To Reduce CNP Fraud Risks In U.S., Latin America, And Canada; Projected To Combat $28.1B In Global CNP Fraud By 2026
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Galileo Financial Technologies has launched Galileo 3D Secure, a new security feature aimed at reducing Card-Not-Present (CNP) fraud risks in the U.S., Latin America, and Canada. This initiative is projected to combat $28.1 billion in global CNP fraud by 2026.
July 23, 2024 | 12:13 pm
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Galileo Financial Technologies, a subsidiary of SoFi Technologies, has introduced Galileo 3D Secure to reduce CNP fraud risks. This new feature is expected to significantly enhance security measures and potentially increase user trust and adoption.
The launch of Galileo 3D Secure by Galileo Financial Technologies, a subsidiary of SoFi Technologies, is a significant step in enhancing security measures against CNP fraud. This initiative is likely to boost user trust and adoption, positively impacting SoFi's stock in the short term.
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