The in-house EMV 3-D Secure Solution developed by Entersekt aims to boost the security of ecommerce payments, while also reducing friction for cardholders. The new technology leverages behavioural analytics from NuData Security, a Mastercard company, and builds on the partnership between the latter and Entersekt previously signed in 2020.
As card-not-present fraud remains high in the region, counting for 80% of credit card fraud and 53% debit card fraud, the implementation of additional security measures for cardholders is a must. The new solution provided by South African fintech is available as a single platform and combines machine learning, behavioural biometrics, and insights from billions of data points to distinguish between authentic card users and potential fraudsters.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.