PAAY and Bluefin announce new ecommerce security solution set

Wednesday 11 November 2020 12:26 CET | News

Payment and data security technologies provider Bluefin and consumer authentication services provider PAAY have launched a security solution set that mitigates fraud, while providing regulatory compliance.

The solution set combines 3DS, hardware-based encryption, and vaultless tokenisation to provide merchants a liability shift, strong customer authentication, data confidentiality, and compliance with GDPR and PSD2.

According to the press release, the solution set protects merchants from being fined for not complying with GDPR or CCPA. Additionally, PSD2 will require SCA on all payer-initiated transactions when both the card issuer and acquirer are within the European Economic Area.

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Keywords: PAAY, Bluefin, partnership, online fraud, fraud prevention, 3DS, compliance, GDPR, CCPA, PSD2, encryption, tokenisation, merchants
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

Industry Events