The Entersekt Blog

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

EMV 3-D Secure: its gamechanger is no child’s play
15-08-2019|Jennifer Singh

EMV 3-D Secure: its gamechanger is no child’s play

Much has been written, tweeted and blogged about 3-D Secure, so by now we should all know that it’s a protocol for securely authenticating a consumer during card-not-present (CNP) e-commerce transactions. Additionally, it better protects the consumer, issuer and merchant from CNP fraud.
EMV 3-D Secure pushes the cost of fraud back onto the fraudster
23-07-2019|Steve Bledsoe

EMV 3-D Secure pushes the cost of fraud back onto the fraudster

In the US market, the consumer is always right, and in the never-ending quest for higher profits and brand loyalty, a merchant will do almost anything to earn a consumer’s repeat business.
Blockchain big bang or API ascension: What will 2019 bring?
17-01-2019|Gerhard Oosthuizen

Blockchain big bang or API ascension: What will 2019 bring?

Gerhard Oosthuizen, Entersekt’s CTO, uses his crystal ball, together with years of industry knowledge, to bring you a glimpse into the future of banking and payments.

At the beginning of a new year, alive with possibilities, we want to be ahead of the game. Some of us prefer a bit more certainty with our possibilities and look to industry experts and thought leaders to give us a preview into the year ahead. But we soon realize that there are countless banking industry initiatives poised to come to fruition in 2019, to the extent that it’s difficult to know which questions we will see answered as the year unfolds.
Ringing the changes with 3-D Secure
14-08-2018|Lelanie de Roubaix

Ringing the changes with 3-D Secure

In many ways, the evolution of the card networks’ 3-D Secure protocol is a reflection of how the world of e-commerce has changed. As with any process of change, growing pains are inevitable; in the case of 3-D Secure, they’ve been there right from the start. The imminent introduction of 3-D Secure 2.0 invites us to reflect, not only on the improvements it promises but the challenges that the industry has faced along the way.
Entersekt’s Connekt: the key to reducing cart abandonment
02-05-2018|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.
What's behind the brisk growth of risk-based authentication?
25-04-2017|Jolette Roodt

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

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?
Fraud-not-present: How false declines cost US merchants more than prevention
08-09-2016|Jolette Roodt

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

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).
Are the payments networks stepping away from OTPs?
23-06-2016|Jolette Roodt

Are the payments networks stepping away from OTPs?

The move towards two-factor authentication (2FA) is gaining momentum fast, with companies ranging from banks to social media platforms now offering the method as an extra security measure for protecting users’ personal information. The major payments networks are no exception.
Looking ahead to authenticated collections
19-05-2016|Schalk Nolte

Looking ahead to authenticated collections

Direct debits are both an efficient and potentially frustrating means of payment for consumers, with high rates of abuse in many parts of the world. In South Africa, where this kind of payment is called a “debit order”, almost a million disputes are lodged every month.
Typical 3-D Secure implementations are not working - time to take it to the next level
13-05-2014|Entersekt Editor

Typical 3-D Secure implementations are not working - time to take it to the next level

While we have established that 3-D Secure has proven beneficial to the industry by reducing fraud, lowering issuers’ operational costs and increasing card usage and retention, adoption of the standard is still being met with resistance from skeptics within the industry. Many wonder why this is the case, so let’s examine why many are still hesitant to fully adopt 3-D Secure and what the industry can do to solve these issues.

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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.