Page 4 - Customer Authentication News Today

Signifyd Expands EMEA Team to Help Merchants Provide Customers With Seamless SCA Experiences Retail, banking and financial technology experts join the Signifyd team to provide guidance and seamless solutions for merchants facing Strong Customer Authentication regulations Signifyd, the market leader in ecommerce guaranteed fraud and consumer abuse protection, introduced an expanded team of veteran SCA experts today from the retail, banking and financial technology fields to serve as trusted advi...

The U.K. got an earlier start on open banking implementations, prompting European merchants and fintechs to turn to payments-as-a-service providers for rapid deployment.

The importance of “and” One of my favorite books of all time is “Thinking in Systems: A Primer,” by Donella Meadows. I did a whole O’Reilly Software Architecture Conference talk on it. A memorable quote in the book is the following: You think that because you understand “one” that you must therefore understand “two” because one and one make two. But you forget that you must also understand “and.” Donella Meadows This gets to the heart of the issue with many software diagra...

Is compliance to PSD2’s SCA a bridge too far for B2B merchants? Published 3 months ago According to the European Central Bank, 79% of all card fraud in 2018 occurred online from Card Not Present (CNP) transactions. In cash terms, this equates to €1.43bn in fraud losses and represents a whopping 17% increase on the previous year.[1] Against this backdrop you’d be forgiven for thinking that, for merchants, PSD2’s Secure Customer Authentication (SCA) couldn’t come soon enough. In realit...

Recovery hopes lift British mid-caps; Ibstock shines Published 3 months ago By Shivani Kumaresan (Reuters) – British mid-caps tracked a rally in Asian shares on Thursday as hopes of a swift economic recovery this year boosted demand for riskier assets, while building materials maker Ibstock jumped after lifting its profit forecast. Shares of Ibstock jumped 7.7% to the top of the FTSE 250 after the company said fourth-quarter activity benefited from better-than-expected demand for new houses ...

® Global Network partners.  Discover Global Network is encouraging its partners to move to the EMV 3DS v.2.2 protocol as soon as possible, especially given the potential impact on merchants throughout the EU. The payments ecosystem involves a high number of dependencies and parties must work together to implement SCA. The constraints the current crisis places on the roll-out of SCA technology severely limits the time available for participants to test together, which is essential to a safer ...

Business Editor The Department of Finance has said that some banks and businesses may not be fully ready to implement new security rules for electronic payments that come into effect from 1 January. The Labour Party has called on the main banks and Central Bank to clarify whether the situation means some customers could potentially face disruption when paying for things online if their systems are not compliant after the date. Under the EUs revised Payment Service Directive introduced in 2015, ...