Trusted Transactions | Entersekt Blog

Trusted Transactions | Entersekt Blog

What’s behind the brisk growth of risk-based authentication?

Posted by Jolette Roodt, Writer/Analyst, Entersekt

Apr 25, 2017 10:00:00 AM

The move to chip cards in the United States has been touted as the trigger for the movement of fraud from card-present to card-not-present channels. The country’s dominant approach to combating this type of fraud is risk-based authentication. Is this because it has proven to be successful in preventing fraud, or is risk-based authentication’s attractiveness based on other considerations?

 

Read More

Topics: Card-not-present authentication, User experience, Card-not-present fraud, 3D Secure

Fraud-not-present: How false declines cost US merchants more than prevention

Posted by Jolette Roodt, Writer/Analyst, Entersekt

Sep 8, 2016 10:00:00 AM

A recent report by BI Intelligence found that, unsurprisingly, card-not-present fraud is rising in the US, now costing merchants 1.47 percent of their annual revenue (up from 0.51 percent in 2013). Card issuers, processors, and acquirers alike are enforcing increasingly strict rules for blocking suspicious transactions (for example, refusing transactions that have conflicting billing and shipping addresses or out-of-date card information).

 

Read More

Topics: Card-not-present authentication, 3-D Secure, Card-not-present fraud

About Trusted Transactions

Trusted Transactions is Entersekt's blog devoted to keeping our customers, prospects and friends updated with industry news, security threats and technology advances in consumer authentication. We can protect against online banking fraud and account takeovers. Trusted Transactions brings you industry data and insights to help safeguard your online and mobile banking and payments transactions. 

Subscribe to Entersekt's Blog

 

Download white paper: The importance of transaction  signing to banks  

 

Follow Entersekt