3269423 - Direct Live Data connection not working after configuring CORS

Cannot establish Direct Live connection with User/Password authentication in SAP Analytics Cloud after CORS was configure on the backend.

Other observations:
Application server response can be seen in the Network trace, however no Headers or Methods are present in the response.

Possible error messages:
"We are unable to connect from SAC system to S/4 HANA, which currently running on cloud environment. Please create the SAC to S/4 HANA connection & update the status."
"We are unable to connect from SAC system to BW, which currently running on cloud environment. Please create the SAC to S/4 HANA connection & update the status."
"We couldn't connect to your S/4 HANA system. Possible causes: You are using the wrong credentials, or CORS is not configured correctly. For more information, see our troubleshooting page"
"We couldn't connect to your BW system. Possible causes: You are using the wrong credentials, or CORS is not configured correctly. For more information, see our troubleshooting page"

• SAP Analytics Cloud
• Live data sources: SAP S/4HANA, SAP BW, SAP BW/4HANA

CORS, SAC, Direct Connection, BW Live, basic authentication, origin host rule, https://, tenant name, tenant URL, S/4 HANA , KBA , LOD-ANA-LDC-BW , SAC Live Data Connection BW , Problem