Tags: cashless

Security and intelligence at the heart of TAS Group’s offering this autumn

There are many innovations in store for TAS customers designed to address the significant regulatory impacts introduced by PSD2, and more generally by the bodies guiding standardization and security in online payments.

The release of the TAS 3D-Secure 2.0 suite allows Issuers and Acquirers to reach the highest level of EMVCo standard. The new 3D Secure protocol 2.0 sees the introduction of rules and best practices to reduce “Card not present” (CNP) fraud while allowing a frictionless payment experience to end users. The improved customer experience is expected to considerably reduce cart abandonment rates during the checkout process, up until now the main reason behind Merchant resistance to the adoption of 3D Secure.

TAS Group is also intensifying its commitment to the fight against fraud through the TAS Fraud Protect platform. Fraud Protect was originally created with payment cards in mind but the new release scheduled for Q1 2019 has been significantly enriched to manage fraud in alternative payments, in particular Instant Payments. The platform’s new features include a wealth of technological innovation inspired by PSD2, such as TRA (Transaction Risk Analysis) and RBA (Risk Based Authentication), and makes use of the very latest in predictive modeling and performance optimization engines to improve the real-time transaction screening process.

To discover more about TAS Group’s latest innovations, visit our stand at Salone dei Pagamenti in Milan this November.