July 12, 2019
3D-Secure 2 – Everything Merchants need to Know about the Improved Security Process
Every online merchant knows secure online payments are essential for successful e-commerce. To further enhance security, new methods of card and user authentication have become imperative under the European payment directive PSD2. Important changes in the area of online payments are coming soon – good news for online merchants, as the new so-called 3-D Secure 2 standard will soon enable...
October 25, 2018
“In Air Travel, Customers want the ‘Uber’ Experience in Terms of Payment”
What are the challenges and opportunities for airlines in times of digitalization? What significance do digital payment methods have for customer journeys? And why are low-cost carriers still on the road to success? Airline Travel Payments Conference Organiser and close observer of payments and fraud best practice Michael Smith reveals more about it in this interview. Michael, what are the...
February 10, 2017
Dynamic Fraud Prevention: It’s All About Combining Historic and Real-Time Data
As online fraud becomes more pervasive, merchants need to strengthen their defences against potential cyber thieves – by extending classical risk tools Online commerce has been steadily growing over the past years. Although ecommerce provides merchants with significant gains and consumers with the added comfort of making purchases in a real-time fashion, fraudsters are becoming increasingly sophisticated and more efficient...
February 10, 2016
PSD2: New Year, New Payments Regulation, New Opportunities
PSD2 was approved by the European Parliament on 16th November 2015, and came into force last week. The first countries expected to ‘transpose’ PSD2 will be the UK, Bulgaria, Denmark, Germany, Austria and France. Mondato expects Poland and Iceland to be among the last. The directive is exciting for the mobile content and commerce community because it gives them a...
December 28, 2015
Biometric Data: The Next Step in Consumer Authentication
The way in which consumers verify their identity online is rapidly changing, a development which is being driven forward by biometric data Consumers should probably not be too surprised if they soon find themselves being addressed as follows: “Dear customer, please turn on your webcam and have your ID at the ready. We will shortly conduct a brief ID check”....
November 12, 2015
How Big Data is Transforming Mobile Payments and What This Means for Retailers and Users
Mobile payments have to offer more than convenience. By using big data and analytics, retailers can find ways to add value. In a landmark report on the status of big data in retail, IDC called big data and analytics “the defining basis of retail competitive advantage.” This finding holds special significance for the growing mobile payments sector, where the success of...
November 12, 2015
Effective Risk Management is very Important. 3 trends
Merchants should ensure they are up-to-date with the following three trends in the area of risk management For all e-commerce and m-commerce merchants, effective risk management is very important. Recognising fraud in good time prevents lengthy corrective processes and potential loss of revenue. Merchants should therefore ensure they are up-to-date with the following three trends in the area of risk management Faster and...