Security Solutions for Payment Providers
Financial institutions, internet payment service providers (PSPs), credit card companies, and other entities that facilitate online and mobile banking and commerce are faced with the mounting challenge of making digital transactions safer. In order to meet strict compliance requirements and mitigate fraud, service providers are working quickly to better secure transactions across an increasingly diverse and porous digital ecosystem that is continuously targeted and breached by fraudsters.
Evolving security threats and savvy social engineering attacks permeate every pathway of the digital landscape. Improved card present security, through chip and pin, is also forcing more fraud online mandating the need for more powerful tools to prevent fraud in the vulnerable electronic payment environment.
Detecting and Preventing Fraud
All service providers must rigorously strive to stop account takeover attacks, prevent purchases with stolen credit cards, and block other successful tactics used in fraudulent transactions.
Integrating Security Data Across Channels
Customer data resides in disparate silos across the digital landscape. Service providers require greater visibility into user behavior and holistic risk intelligence as the foundation for secure payment strategies.
Increasingly stringent internet payment security regulations continue to evolve and impact service providers differently in various regions of the world. From PCI DSS to PSD2 and EBA recommendations, more and stricter guidelines continue to be drafted to stay ahead of fraud.
PSD2: Five Things You Need to Know Now
More than half of the world’s top 100 banks rely on VASCO to secure transactions. We protect 1,700 global financial institutions. VASCO’s scalable strong authentication technologies and devices provide versatile, cost-effective security unmatched by any other solution in the industry.
VASCO delivers comprehensive control and protection for online purchases of goods and services, from simple and strong authentication to reliable transaction monitoring and verification.
Cross-channel intelligence enables dynamic identification, analysis and mitigation of real-time risks.
Customers can shop online and initiate digital transactions with confidence and without the disruption of onerous controls. A seamless user experience builds brand loyalty.
Stay current and compliant with emerging regulatory requirements for securing Internet payments. Also benefit by dramatically reducing exposure to costly fraud and chargebacks.
Our patented trust-based security products meet your unique requirements through a rich set of customizable client, server, hardware, software and cloud-based options.
Authenticators provide proof of identity through two-factor authentication and are a leading security solution worldwide.
Server-side authentication and real-time fraud analysis software is an ultimate security solution.
With our API-based authentication platform, developers can secure virtually any existing application.
Reduce cost and accelerate time to market by adopting our eSignLive document-signing solution.
Are you compliant with emerging regulatory requirements?
Find out how VASCO helps PSP consistently achieve compliance with constantly evolving guidelines for online service providers.
Read the latest white papers, eBooks, capabilities brochures and industry briefs; view infographics and on-demand webinars and videos at your convenience.
PSD2: Which strong authentication and transaction monitoring solutions comply?
In this paper we take a detailed look at the proposal for draft Regulatory Technical Standards (RTS) for strong customer authentication (SCA) which have been published in August 2016 by the European Banking Authority (EBA). First we give some background information about the draft RTS, and then discuss common authentication solutions that are used by many online banking and mobile banking applications today. Subsequently we’ll discuss the actual requirements from the draft RTS, and finally evaluate to which extend current authentication solutions meet the requirements in the draft RTS.
PSD2: Strong authentication of Internet Payments
This industry briefing from VASCO provides an overview of the legislative developments within the EU related to securing Internet payments with strong authentication.
Industry Briefing: Security of Internet Payments - Legislative Developments in Europe (PSD2)
On-line payment, be it through online banking services or internet card payments, or when accessing or altering sensitive payment data.
Securing Internet Payments across Europe
Internet Payments and proper Protection
IDENTIKEY Risk Manager
IDENTIKEY Risk Manager is a comprehensive fraud solution designed to help you improve the manner and speed at which your organization detects fraud across multiple channels, enabling you to take a proactive approach to fraud prevention, while at the same time making the experience as painless as possible for your users.