The Fraud Practice releases New Technique Course on 3D Secure Consumer Authentication
April 29, 2014
The following is a press release from our friends at The Fraud Practice, who just released a new techniqe course.
3D Secure Consumer Authentication is a protocol that adds a layer of security for online credit and debit card transactions. The technique is widely used worldwide by eCommerce merchants, but implementation and use of programs such as Verified by Visa and MasterCard SecureCode vary greatly. The new technique course from The Fraud Practice is designed to provide an in-depth discussion of what 3D Secure Consumer Authentication programs are, how they work, and the vendors and services currently available.
There are many considerations that can have a significant impact on how the programs affect sales and conversion. Organizations that use 3D Secure, or are considering the technique, need to know how it is best applied, where it fits into a risk strategy, as well as the capabilities and advantages. The technique course is designed to provide detailed insight, and explains 3D Secure in the context of benefit and value, including specific details around implementation and liability shift. It also presents key findings about how merchants take advantage of and use 3D Secure, based on recent surveys.
The Fraud Practice has combined industry research with practical experience to answer questions such as, “What is the 3-D Secure protocol, and what procedures take place during authentication?”; “What are the benefits to merchants?”; “What are important considerations in implementation?”; “How many merchants use this today, and how do they use it?”; “Who offers 3D Secure?”