3DS2 and Fraud Prevention: Decision Drivers in the European Marketplace

Merchants see 3DS2 as friction and are looking for solutions to minimize its impact while meeting regulatory requirements.

London, 21 May 2020 – Merchants are consistently challenged to ensure their businesses are protected from fraud, and now they have another challenge on the horizon. By December 2020, all European payment services providers and merchants must comply with the requirements of the revised Payment Services Directive and apply dual-factor authentication to electronic transactions. Do providers still have a window of opportunity to support merchants with their strong customer authentication implementations?

This report outlines the decision drivers surrounding European merchants’ adoption of EMV 3DS (3DS2) and fraud authentication solutions in the marketplace, how e-commerce executives are managing their digital security strategy, and what is driving their solution-buying behaviors. It is based on Aite Group’s early 2020 interview-based study of 40 merchants and six PSPs in the European market.

This 27-page Impact Report contains 11 figures and four tables. Clients of Aite Group’s Retail Banking & Payments or Fraud & AML service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions 41st Parameter, Accertify, ACI Worldwide, Agnitio, Apruvd, Arkose Labs, Aware, BehavioSec, BioCatch, BioConnect, BioTrust, Brighterion, CardinalCommerce, ClearSale, CyberSource, DataVisor, Daon, Delta ID, Early Warning Services, Easy Solutions, Entrust Datacard, EyeVerify, Facebanx, Featurespace, Feedzai, FIS, Forter, Fujitsu, Gemalto, GreenKey, Hitachi, HYPR, IBM, IBM Trusteer, IdentityMind, Imperva, InAuth, Kofax, Kount, LexisNexis Risk Solutions, Neuro-ID, Neustar, NuData Security, OneSpan, Payfone, PerimeterX, Radial, RiskIdent, Riskified, SAS, SecuredTouch, Shape Security, Sift Science, Signifyd, Simility, ThetaRay, TransUnion, and  Vesta.

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