International Card Schemes on the Impact of SCA
Key payments professionals from three international card schemes, including Visa, Mastercard, and AMEX detail SCA EMV 3DS rollout. Christine Rivera of AMEX discloses that while they are successfully meeting SCA compliance, due in large part to SafeKey (their 3DS software), they face challenges in lack of merchant-readiness. Christine discusses the importance of testing early on for merchants and ensuring they’re prepared for soft declines. Gavin Blagden of Visa also states their experience has been successful due to heightened monitoring activities. In order to assist merchants with adapting to SCA requirements, Visa developed a detailed checklist that makes the transition easier. Gavin expresses the importance of utilizing exemptions when applicable. Mastercard is maximizing testing for merchants by creating additional assessments. Marc Van Puyvelde adds that Mastercard is also preparing to launch a non-production platform for merchants so they can streamline their testing prior to going live.
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To effectively fight fraud, it’s critical to understand the economic and geographical factors that drive attacks. These include financial factors like currency exchange rates, wages, cost of labor, and more.
This informative MRC Virtual session explores the idea of an Attack Incentive Index, an industry-wide index that effectively combines relevant economic data with known attack patterns to provide a holistic insight into attacker motivation.
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Also included is a convenient collection of related acronyms for reference.
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A glimpse into this report:
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In this webinar, Merchant Risk Council’s VP of Programs and Technology Tracy Kobeda Brown, Cybersource Managed Risk EMEA Regional Lead Mark Strachan, and Verifi Head of International Merchant Sales and Business Development Gabe McGloin will explore the answers to these important questions, by diving into key findings and results from the recently launched 2022 Payments and Fraud Report.
Join us to hear these three fraud experts:
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Understanding local fraud patterns in 2021 can help you fight fraud in 2022.
The MRC routinely receives inquiries requesting insight on how a fraud prevention unit can be established at a company from the ground up. In this whitepaper, the MRC, in conjunction with a working group of the MRC Fraud Community, delves into current trends, the regulatory landscape, and how these factors can affect both the role and structure of a fraud prevention group. Accountability and staffing are detailed next, followed by a brief look at training resources. Comprehensive information on common key performance indicators is also included, covering KPIs for chargebacks, risk operations, and fraud analysts. The paper closes with key benchmarking results from the MRC Global Fraud Survey and an appendix on KPI calculations.
Better fraud prevention, all around.
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Learn how your organization can leverage voice biometrics to protect customers and your brand by building the highest levels of protection, trust and loyalty.
Anyone wishing to enter new e-commerce markets needs to understand how consumers prefer to pay – and offer local payment heroes. This quickly boosts revenues and allows a critical competitive advantage to be achieved. It is also important to recognize new trends early and create solutions.
Thanks to Arvato Financial Solutions' many years of experience in e-commerce, our licenses and our connectivity with an incredibly wide range of payment methods, we reduce the complexity of tapping into new markets for our clients. PPRO – the globally leading provider of local payment infrastructure – stands by our side, helping us with best in class integrations to over 100 local payment methods.
In our E-Commerce Payment Report 2021, we show you what you need to know about current payment trends in e-commerce and why local payment methods in particular are so important. You will also learn how to equip your shopping system with the right payment heroes quickly and easily, making it fit for the future.
In Nethone's Frictionless white paper, you will learn:
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