e-Commerce sales are growing at an astronomical rate and, not by coincidence, so is card-not-present (CNP) fraud. Some estimate that CNP fraud losses in the United States alone will total $6.4 billion by 2021.
3-D Secure helps prevent unauthorized CNP transactions by requiring consumers to authenticate themselves with their card issuer during transactions. A significant change facing banks is the release of updated 3-D Secure specifications, which are intended to keep the CNP authentication protocol fit for purpose.
This paper covers:
- A brief history of the 3-D Secure initiative
- The main differences between 3-D Secure 1.0 and EMV 3-D Secure
- Information on the liability shift in favor of merchants
- An introduction to Entersekt’s unique, unified solution for 3-D Secure compliance
Download our paper to learn more.
