Consumer Authentication

16 Jul
2015

Storing Payment Card Information Puts Not-For-Profits At Serious Risk

Storing Payment Card Information Puts Not-For-Profits At Serious Risk Tokenization is the buzzword that retailers all over the world are talking about. The reason why is retailers are starting to learn that when you tokenize Payment Card Information (PCI), your PCI compliance/scope are significantly reduced saving you to the hundreds

10 Jun
2015

Retailers Beware: You Have a Target On Your Back

Retailers Beware: You Have a Target On Your Back Banks are working hard to change every policy they have for fraud prevention to reduce their losses. It starts later this year with the EMV deadline for merchants. At that time banks officially push fraud liability directly onto the merchant if

04 Feb
2015

Hurdles of Tokenization & Consumer Authentication for EMV

Hurdles of Tokenization & Consumer Authentication for EMV – A Software Architect’s Perspective My name is Justin Stanley and I am the lead software architect at TokenEx. When I was asked for my input on a tokenization and consumer authentication blog for EMV, I wanted to be as realistic as

04 Feb
2015

What Did We Learn in Data Security in 2014?

What Did We Learn in Data Security in 2014? We learned that 2014 was the year of the data breach with over 761 data breaches exposing hundreds of millions of records. Target, Home Depot, UC Berkley, JP Morgan, and the list goes on and on of the high-profile organizations that were

17 Dec
2014

Consumer Authentication – The Liability Shift

Consumer Authentication – The Liability Shift Many merchants with an online presence have been hesitant to implement consumer authentication for a variety of reasons. With the use of ‘3-D Secure’ (3DS, Verified by Visa, MasterCard SecureCode) customers may be more likely to abandon a purchase if they feel the check-out

11 Dec
2014

EMV Payment Security – Consumer Authentication

EMV Payment Security – Consumer Authentication Companies worldwide are starting to conduct more thorough consumer authentication online due to increased fraud.  With the adoption of EMV technology, thorough consumer authentication is even more critical.  Europe, for example, saw a sharp increase in online fraud that followed the deployment of EMV. 

22 Oct
2014

Online Credit Card Declines are Crushing Retailers – The Cause is not what you Think

Online Credit Card Declines are Crushing Retailers – The Cause is not what you Think Over $40 billion of credit card declines happened in 2013 and it was not because of a lack of funds on behalf of the purchaser. According to TrustInsight, it was unnecessary red flags banks put