Merchants are scrambling as the strong customer authentication (SCA) deadline looms. In other security news, phone numbers can provide a treasure trove of information about a consumer who is trying to open an account with an online merchant, onboard to an online service or sign up for a new banking account. And in retail, direct-to-consumer (DTC) innovators such as Bite Toothpaste Bits are aiming to create more sustainable oral care products with tablets. All this, Today in Data.
Data:
95 percent: Minimum share of people in the U.S. who possess phone numbers.
57 percent: Portion of businesses that are confident their operations comply with the General Data Protection Regulation (GDPR).
$55.8 billion: Approximate cost of SCA noncompliance for the European online community.
53 percent: Share of consumers who would provide mobile numbers to authenticate payments.
4 months: Frequency of Bite Toothpaste Bites refill deliveries.
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