AP NEWS

NuData to boost transaction approvals and lower friction with new solution leveraging EMV® 3-D Secure protocol

August 1, 2018

VANCOUVER, British Columbia, Aug. 01, 2018 (GLOBE NEWSWIRE) -- NuData Security, a Mastercard company and leader in the field of online user verification with passive biometrics, announced today its solution to help partners increase transaction approvals and establish a great consumer experience through the EMV® 3-D Secure authentication protocol (EMV 3DS).

How?The NuData solution uses layers of security including passive biometrics and behavioral intelligence to build an accurate digital user profile. This intelligence lets merchants select a frictionless checkout experience for trusted users or use additional security such as fingerprint or facial recognition only when additional verification is needed.

What are the benefits?With NuData’s solution leveraging EMV 3DS, merchants can:

-- Provide intelligence to issuers to enhance decision-making, increase approvals and reduce false declines. -- Maintain control over the consumer experience. -- Detect fraudulent transactions up-front, preventing future fraud. -- Decide how to process a transaction based on the risk intelligence provided. -- Create and customize rules to cut down on manual reviews.

This solution offers merchants more control over the consumer’s secure checkout experience in a single, simple-to-integrate package. NuData’s solution is payment brand agnostic, available globally and integrates with other authentication solutions including Mastercard Identity Check™.

More accuracy, more approvals.NuData is enabling merchants to better integrate seamless authentication processes into their checkout experience for both app and browser-based transactions.

NuData’s market-proven layers of intelligence verify users based on their inherent behavior instead of relying on credentials, stopping illegitimate transactions without requiring friction – even when fraudsters are using the correct credentials.

Ryan Wilk, VP of Customer Success at NuData explains, “NuData is using its native understanding of EMV 3DS to reinvent security for merchants by building safer, smarter ways to verify online transactions.”

NuData is recognized for providing merchant and eCommerce organizations worldwide with +99% fraud-prevention accuracy.

About NuDataNuData Security, a Mastercard company, is an award-winning vendor known in the cybersecurity space as a pioneer in the field of passive behavioral biometrics. NuData helps businesses verify users based on their online interactions by analyzing over 350 billion events annually. This allows clients to verify users before a critical decision, stop automation, reduce customer insult, and investigate bad actors efficiently. NuData is trusted by some of the largest brands in the world to protect them from threats like checkout fraud, automated account creation, and account takeover.

Contacts: Lara Lackie Eskenzi PR for NuData Security, a Mastercard company +44 (0)207 183 2834 / +44 (0)7854 841 892 lara@eskenzipr.com Maureen MacGregor Eskenzi PR for NuData Security, a Mastercard company (978) 473-1016 Maureen@EskenziPR.com

AP RADIO
Update hourly