3-D Secure 2.0: Key Considerations for Card Issuers
Report Summary
3-D Secure 2.0: Key Considerations for Card Issuers
3-D Secure 2.0 has the potential to be a key tool in issuers and merchants’ fight against CNP fraud.
Boston, February 21, 2018 – Card-not-present fraud presents a challenge for issuers and merchants alike, since an increasing proportion of payment card purchases are migrating to CNP channels. Many merchants have deployed multiple fraud solutions designed to aid detection with a minimum of transactional friction, and a number of countries have mandated multifactor authentication for CNP transactions. How can 3-D Secure 2.0 help issuers and merchants balance the need to prevent fraud with the competitive driver of providing easy, user-friendly customer experiences?
This Impact Note provides insight into the key factors that issuers need to take into consideration as they plan their move to 3-D Secure 2.0. Sponsored by RSA, this note is informed by Q1 2018 Aite Group interviews with global payment networks, issuers, merchants, and fraud mitigation vendors as well as ongoing conversations with executives in the space about their current and planned use of 3DS.
This 23-page Impact Note contains three figures and five tables. Clients of Aite Group’s Fraud & AML service can download this report, the corresponding charts, and the Executive Impact Deck.