Read and learn about fraud prevention and identity verification in the Payments industry with the following articles and posts by Ekata, a Mastercard company.
Using data to optimise fraud prevention and customer experience across the payments ecosystem.
As advanced technologies digitally transform the financial services industry, they also accelerate fraud activity and open the door to new, sophisticated fraud attacks. To navigate this ever-evolving fraud landscape, financial institutions need to know how to balance fraud mitigation technology with seamless digital customer experiences. This blog post is inspired by recent panel discussions held […]
Mastercard Cyber & Security Summit 2022: Roundtable Round-Ups
Cyber criminals know no borders; their modes and methods are ever-evolving. This is why collaboration should be an industry priority. We have just hosted the inaugural Mastercard Cyber and Security Summit in Australia, held in both Melbourne and Sydney. We invited industry professionals across ecommerce, financial services, fintech, and digital payments to come together and […]
PSD2 Rollout Update: A game of whack-a-mole or a strategic play?
Ekata team shares research and perspectives from acquirers, issuers, merchants Throughout 2020, Ekata conducted surveys across the payments ecosystem to investigate the readiness of players to meet the new requirements of the Payment Services Directive (PSD2). PSD2 is a European regulation that was put into effect in September, 2019 and mandates Strong Customer Authentication (SCA), […]
PSD2 Q&A with Peter Bayley
In December of 2020, we spoke to Peter Bayley, former Global Head of Ecosystem Risk Oversight and Strategy for Visa and current senior associate at Allyiz (former STRATgranat) about his insights on PSD2. We want to share some of the Q&A here: Let’s start with an easy question: Is PSD2 a good thing? The […]
Ekata Executive Series, Part I: Supporting Cross-Border Identity Verification
Welcome to Ekata’s Executive Series. In this series, our CEO, Rob Eleveld, will be outlining the dynamics we see developing in the global identity verification (IDV) market and highlight Ekata’s response to continuous market demands. Today, our theme is “cross border” in the payments and card-not-present (CNP) ecosystem. Global Electronic Payments Global payments have been […]
Pre-authorization Decisioning in the Blink of an Eye
It’s no secret that PSD2 is going to effected merchants when it went into effect. Ekata spent a lot of time thinking about how to help customers meet requirements while still providing a fantastic experience for their customers. One of the big aspects merchants have to think about is at what point in their transaction […]
Transaction Risk API: The Value it Brings to the Market
Transaction Risk API was built for easy integration into sophisticated machine learning (ML) models and is designed to help eCommerce merchants, marketplaces, payment processors, and others manage payment fraud. Understanding market requirements In our first blog of the series, we covered the evolution of fraud and how the landscape of today requires fraud detection earlier […]
Transaction Risk API - How we Built It
Fraud is getting more sophisticated as the payments industry continues to see massive disruptions, and merchants, lenders, and payment processors are turning to machine learning models to detect suspicious qualities in a transaction. Our goal with Transaction Risk API was to provide a powerful tool to help in this space. One of the biggest factors […]
Transaction Risk API: Improving Transaction Security
With the world moving increasingly online, businesses are facing a complex challenge to make the right decision on a growing number of transactions in an ever-shortening time frame. The future of identity verification demands rethinking risk management as fraud becomes more sophisticated and customer convenience expectations heighten. Staying true to our market-driven roots, Transaction Risk API […]