The Entersekt Blog

Industry news, security threats, and technology advances in consumer authentication.

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What’s trending in digital payments fraud in the US?
27-06-2018|Entersekt Editor

What’s trending in digital payments fraud in the US?

As payments become more digitized, so do fraud schemes. Fraudsters always seem to stay just one step ahead of the industry’s relentless efforts to defeat them. Some of the most prevalent fraud methods today are card-not-present (CNP) fraud, account takeovers, new account fraud, and spoofing.
Fintech booms in Atlanta
21-06-2018|Lelanie de Roubaix

Fintech booms in Atlanta

What do wild horses, a land-owning tree, and the world’s largest drive-in restaurant have in common? They can all be found in the U.S. state of Georgia. So, too, can Atlanta, the state’s capital that is quickly becoming one of the world’s fintech hotspots.
The problem with having mobile carriers in the digital security chain
14-06-2018|Entersekt Editor

The problem with having mobile carriers in the digital security chain

A year ago this time, a fraudulent attack on German telecom O2-Telefonica shone the security spotlight on Signaling System 7 (SS7) – also called Common Channel Signaling System 7 (CCSS7) – the international telecommunications standard that enables mobile carrier (mobile network) interoperability. Without carrier interoperability, it would be impossible to transmit calls or text messages between mobile phones on different networks, making SS7 a key component of the global communication ecosystem.
Life after SMS OTP: what will be the next big thing in transaction security?
31-05-2018|Clara Chennells

Life after SMS OTP: what will be the next big thing in transaction security?

Remember VHS? The Sony Walkman? What about the dot matrix printer? These are things that were considered state-of-the-art in the 1980s – but are now only a fond memory. No-one in their right mind would, for example, release a new film only on VHS today. And yet incredibly, the SMS OTP, first conceived in the early 1980s, is still what secures online banking channels at most of the world’s financial institutions today.
Entersekt’s Transakt solves more for banks than just PSD2 problems
17-05-2018|Jonathan Knoll

Entersekt’s Transakt solves more for banks than just PSD2 problems

As any and every bank and organization that deals with payments knows by now, the European Banking Authority’s regulatory technical standards (RTS) on strong customer authentication take effect in September 2019. However, given the requirement to have the relevant APIs, documentation, and testing done a full six months before that date, the actual deadline is March 2019. With less than a year to go, the implementation clock is ticking loudly.
Entersekt’s Connekt: the key to reducing cart abandonment
03-05-2018|Sherif Samy

Entersekt’s Connekt: the key to reducing cart abandonment

Cart abandonment is one of the biggest concerns for e-commerce merchants today. They are, after all, operating in a space where the customer holds the power to fill their shopping basket to the brim only to discard it at checkout if anything about the process doesn’t appeal them.
Mobile authentication: What happens when security and usability stop being mutually exclusive?
19-04-2018|Entersekt Editor

Mobile authentication: What happens when security and usability stop being mutually exclusive?

In digital banking, and more recently also in the mobile payments sphere, security and usability are commonly viewed as incompatible priorities. By implication, for security to be strong enough, it must also impose inconvenience on the user. At Entersekt, however, we prefer to ask: why do banks have to choose?
Digital fraud trends in the UK
12-04-2018|Alan Goode

Digital fraud trends in the UK

As we increasingly move our lives online, it is no surprise that fraud should be following us. The rise of ecommerce and digital banking has resulted in growing levels of fraud targeting these new business channels. In this blog post, London-based analyst Alan Goode investigates what is currently happening in the UK.
PSD2: Compliance-Auflagen in Wettbewerbsvorteile verwandeln mit Entersekt
10-04-2018|Jonathan Knoll

PSD2: Compliance-Auflagen in Wettbewerbsvorteile verwandeln mit Entersekt

Durch PSD2 wird es zu einer ganz neuen Marktdynamik kommen. Einerseits müssen sich Banken auf Belastungen durch neue Compliance-Anforderungen und erweiterte Haftungsrisiken einstellen, andererseits entstehen durch das regulatorische Rahmenwerk auch neue Umsatzchancen.
Interested in innovation? Catch us at LendIt!
05-04-2018|Entersekt Editor

Interested in innovation? Catch us at LendIt!

Looking to know more about converged authentication, intelligent friction, or simply about how to turn a grudge purchase into an innovation platform that you can build your organization’s future on?

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Entersekt is an international software development company based just outside of Cape Town, South Africa.

We are leaders in authentication, app security, and payments enablement technology, offering a highly scalable solution set with a track record of success across multiple continents.