ChainIT and RS Software Form Alliance to Bring Risk-Based Authentication to Account-to-Account Payments
Source: BusinessLine· August 6, 2026
SynaBot summary
ChainIT and RS Software are partnering to integrate risk-based authentication into account-to-account payment systems. This new offering will continuously evaluate transaction risk and user identity, aiming to enhance security for instant payment networks.
Key takeaways
- New alliance targets account-to-account payment security.
- Risk-based authentication will be continuously applied.
- Enhances fraud protection for instant payment networks.
- Complements existing institutional fraud detection systems.
Why it matters
This development is crucial for businesses relying on instant payment rails like FedNow. Enhanced authentication means greater protection against fraudulent transactions, safeguarding financial operations and customer trust in the face of irreversible digital transfers.
This story was reported by BusinessLine. Read the full original article:
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