Remove Authentication Remove EMV Remove Issuers
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DECTA: Improving Payment Acceptance Rates for Urbo Bank and Through New EMV 3DS Certification

The Fintech Times

It has been a busy first month of the year for the certified payment technology provider, DECTA as it announces a new partnership with Urbo Bank and achieves an EMV 3DS 2.3.1.1 ” EMV 3DS 2.3.1.1 protocol The EMV 3DS 2.3.1.1 Certification.

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EMV 3DS: Closing the Card Present/Card Not Present Auth Rates Gap

PYMNTS

Selling an EMV 3DS (also referred to as 3DS 2.0) When PAAY , a software-as-a-service company that protects merchants from fraud and increases authorization rates first started offering EMV 3DS, it had to do a lot in educating potential clients in the face of many saying: “We don’t want to hear about this.” Mendlowitz expects the E.U.

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Discover CEO Endorses PIN Authentication for EMV

Payments Source

Issuers still have a choice of whether to require PIN authentication for EMV-chip cards, but David Nelms, chairman and CEO of Discover Financial Services, says the chip-and-PIN path increasingly makes the most sense for U.S. payment cards going forward.

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EMVCo Releases EMV Secure Remote Commerce Specifications Draft

PYMNTS

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. The news comes a few months after EMVCo announced the launch of the full EMV 3-D Secure (EMV 3DS) test platform in August.

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The Anatomy of a Credit Card Transaction

Clearly Payments

Card Network Communicates with Issuer : The card network forwards the request to the issuing bank for authorization. Issuer Approves or Declines : The issuing bank verifies the cardholders account balance, fraud risk , and other factors before approving or declining the transaction.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. What Types of EMV Chip Cards Are There?

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What is 3D Secure Authentication and How Does It Work

Stax

One solution to counter this problem is 3D Secure Authentication. This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works. We will also examine the benefits of using 3D Secure Authentication for merchants and provide some tips on implementing it at online checkout.