Lessons learned from global implementations of EMV and 3-D Secure
Aside from a wealth of other developments in the fast-changing e-commerce landscape, the move from magnetic stripe cards to EMV is accelerating fast. With it will come a spike in card-not-present fraud. In preparation, issuers are assessing a range of fraud-mitigation technologies, of which an effective authentication solution for 3-D Secure must be one.
This white paper outlines:
- EMV and its impact on card-present and card-not-present fraud
- 3-D Secure’s promise and the shortcomings of typical implementations
- How to offer frictionless, strong authentication of card-not-present purchases