As a licensed payment institution, Fintecture has to follow all European regulations to guarantee the security of its payments. The implementation of a KYC (procedure to identify the identity of our customers) and the checks carried out by our legal teams allow us to monitor and detect fraud attempts.
The Fintecture instant transfer is a solution that has been designed to eliminate fraud and data leakage. Two-factor authentication is inherent to the customer journey through our solution, the payer does not enter any banking data on the merchant's environment, the whole procedure is done from his 100% secure banking space.
The vast majority of payments made through Fintecture are validated by two-factor authentication via facial recognition or fingerprint, strictly personal elements that guarantee maximum security. Soon, this will be the case for all payments.