Monzo launches innovative fraud-fighting tools

British neo-bank Monzo has unveiled new anti-fraud functionalities, specifically aimed at reducing the risk of phone theft. Monzo has developed three ways of validating a payment, all linked to an element external to the phone, such as location, verification by a third party, or the scanning of a specific QR code.

You do not have access to this article.
Log in to view this article. If you don't have an account, you can contact us and get a subscription for your company.