• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Entrust Partners With Netcetera to Deliver 3DS Compliance

February 12, 2021

Entrust is teaming up with Netcetera in an effort to minimize the amount of fraud that occurs during card-not-present (CNP) transactions. The companies’ joint solution will analyze online transactions in real-time to gauge the level of risk associated with each interaction.

Entrust Partners With Netcetera to Deliver 3DS Compliance

If the risk level is too high, Entrust will present the user with a step-up authentication request to ensure that the person initiating the transaction is indeed the owner of the card. The risk evaluation is based on a number of different factors, while the authentication options include Mobile Tokens, Camera Tokens, and an SMS DL One-Time Password.

Netcetera is best known for developing technology that can help financial institutions meet the card payment industry’s 3 Domain Secure (3DS) specification. The company’s technology will be integrated into the rest of Entrust’s portfolio to enable PSD2 compliance for both on-premise and cloud-based transactions.

Entrust noted that the rise in e-commerce activity in 2020 has led to a corresponding increase in the volume of CNP fraud around the world. The company is hoping that the new solution will help mitigate that threat, giving organizations a way to accept digital payments without creating more friction for consumers.

“The combination of our technologies enables consumers, merchants and banks to rest easier knowing that potentially fraudulent transactions are being spotted and challenged,” said Christian Waldvogel, a member of Netcetera’s Management Team for Secure Digital Payments. “We are supporting the global shift to ecommerce channels by improving confidence in online purchases with a high performing and reliable system.”

“By partnering with Netcetera, we can more effectively stop fraud before it happens by providing step-up authentication and give consumers the trust they need at the time of conducting the transaction,” added Entrust VP and Identity Solutions GM James LaPalme.

Entrust recently published a survey that suggests that people are willing to share their personal information if it will lead to better service. The company was formerly known as Entrust Datacard, but rebranded in September to acknowledge the growing importance of digital security. Netcetera, meanwhile, previously partnered with Entersekt to provide 3DS security for Austrian card issuers and German banks.

Filed Under: Industry News Tagged With: 3DS, 3DS compliance, authentication, Card Not Present, CNP fraud, e-commerce, Entrust, Entrust Datacard, Netcetera, OTP security, token security

Related News & Articles

Realme Places In-Display Heart Rate Sensor in Upcoming 9 Pro+ Phone

IOM Access Control Tablet Compatible With Galaxy Control Systems Tech

Yubico Begins Public Beta for Updated Android and iOS SDKs

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Wearable Authentication Company Closes $13 Million Funding Round
  • Fobi and Barnet Unveil New Digital Wallet Loyalty Solution
  • IPification Partners With Major Indonesian Telecom
  • INTELITY Streamlines Hotel Check-in With Mobile ID Solution
  • Finland Advances National Digital ID Bill

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld