Authenticate Global Payments With Confidence
Global Identity Verification for Digital Payments
Expedite frictionless experiences and turn your fraud platform into a revenue stream. Our automation solutions for identity verification are easy to integrate throughout the payments ecosystem.
Accept More Transactions
Build better exemption management as part of Transaction Risk Analysis (TRA) and authorize more transactions.
Improve Authorization Speed
Process high volumes with low latency APIs to speed up the customer authorization process.
Increase Approval Rates. Globally.
Improving your risk model, identify good transactions faster and create a low-friction customer experience with global identity verification data.
Enhance Your Global Fraud Platform with Seamless & Secure Payments
We share your mission to drive trust in digital purchases, deliver frictionless customer experiences and grow your business in a secure, compliant way. Ekata enriches your existing data sets with GDPR-compliant PII data that has been cleaned, normalized and verified at a local, regional and global level. We analyze patterns of how identity data is being used in digital interactions from over 400 Million monthly queries spanning over 1,500 global customers, making our network one of the largest conglomerates of online businesses in the world.
Build Better Transaction Risk Analysis (TRA) Models with Consumer PII Data
Sweeping changes in policy, regulations and customer experience expectations are generating increased speed of innovation in the payments space – through machine learning-based fraud systems and many upcoming changes in the pre-authorization stages of transaction processing.
More specifically, PSD2 regulations dictate how fraud review must be conducted in European transactions:
- Strong Customer Authentication (SCA) is mandated on all European transactions unless an exemption is granted. It’s critical that PSPs engage in a strategy that maximises exemptions to reduce consumer friction.
- Transaction Risk Analysis (TRA) is a consistent mechanism to allow acquirer-processors to share merchant intelligence with issuers. Treating this as a strategic differentiator will result in increased authorization rates and minimized friction.
Ekata helps you build better TRA models, enabling you to offer your end-users more SCA exemptions and higher authorization rates. Contact our experts to learn more.
Unlocking the Potential of PSD2 and SCA
The Five Markers for Success
In a recent study we conducted with leading PSPs in Europe in 2020, we found that anti-fraud security innovations will be business and revenue critical in a world with increased digital and contactless transactions. As PSPs are realising the importance of optimising TRA and risk-based authentication models, enhancements in this area will serve the overall health of the ecosystem.
The Opportunity For Issuers
PSD2 SCA: How Ready Are Issuers?
PSD2 Strong Customer Authentication (SCA) provides rich opportunities for issuers should they strategize accordingly. Since issuers want to stay “front of wallet,” it is in their best interest to focus specifically on the customer experience. For issuers and the entire payments ecosystem, any friction experienced by the consumer during authorizations means a potential for abandoning a transaction and ultimately lost revenue.
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Transaction Risk API
Improve the performance of your payment risk model. Transaction Risk API provides the most predictive identity verification responses to fight payment fraud and expedite authorizations, reducing customer friction.
Merchant Onboarding API
The Ekata Merchant Onboarding API provides unique data that crosslinks businesses with the individuals behind them, enabling organizations to onboard micro-merchants and sole proprietor businesses with higher confidence.
Pro Insight - Merchant Review
Merchant Review enables agents and investigators to approve/deny merchants fast and with confidence.
Address Risk API
Designed to provide rich metadata and risk signals around any given address, Address Risk API is built to help you improve your fraud model or rules system. In under 100ms, Address Risk API returns a concise response to help you isolate a specific address and assess if it is high or low risk.
See for Yourself
See how Ekata can increase revenue for your business.
Contact us today.