PSD2 — the Payment Services Directive II — which regulates the use of all electronic payments in the EU, including the mobile channel, demands a dedicated fraud monitoring solution that profiles users, their devices, and blocks fraudulent transactions. In turn, payment providers can deliver value-added services, implement frictionless security measures, and keep protection levels high.
Learn more about VASCO’s PSD2 Fraud Monitoring Solution:
- Collects all communication and transactions occurring in the mobile channel
- Enables payment providers to evaluate typical spending behavior — and any deviations from it
- Verifies if an event matches any fraudulent behavior
- Processes data using expert rules and machine learning algorithms to produce a device risk score, required by PSD2 and applicable for decision making engines
VASCO is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, healthcare and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO solutions to protect their online, mobile, and ATM channels. VASCO’s solutions combine to form a powerful trust platform that empower businesses by incorporating identity, fraud prevention, electronic signatures, mobile application protection and risk analysis. Learn more about VASCO at VASCO.com and on Twitter, LinkedIn and Facebook.
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+200.000.000 devices sold | 10.000 companies | 1.700 financial institutions | in +100 countries