SEB Baltic taps Entersekt for payment authentication

Entersekt has partnered with SEB Baltic on digital payment authentication across the Baltic region. SEB Baltic is using Entersekt's hosted 3-D Secure Access Control Server.

The arrangement focuses on 3-D Secure transactions and background authentication as part of SEB Baltic's broader payment authentication approach. The system supports multiple authentication methods designed to match checks to the risk level of different payment journeys.

The two companies have worked through the technical, regulatory and operational demands of running payment authentication at scale. This has included discussions on data protection rules, changes to customer authentication and the broader role of risk-based authentication in payments.

The partnership gives SEB Baltic a way to manage card payment authentication as fraud patterns and regulatory expectations shift across Europe. It also reflects Entersekt's push to deepen its presence in payment security after expanding its 3-D Secure business through an acquisition in Finland in 2023.

SEB is a northern European financial services group with operations in more than 20 countries and about 18,400 employees. At the end of June, the group reported total assets of SEK 4,355 billion and assets under management of SEK 3,069 billion.

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