As chip cards reduce fraud at the physical point of sale, fraudsters are turning their attention to the card-not-present environment of online shopping.
Stay ahead of this trend by protecting your cardholders—and your business—with the latest techniques for reducing fraud in the online shopping environment. We have an array of solutions to combat card-not-present fraud; our Issuer Cardholder Authentication Service (ICAS) is a combatting and differentiating solution to CNP fraud detection that enables you to authenticate your cardholders prior to authorizing CNP transactions.
The ICAS solution virtually eliminates authentication friction from the online shopping experience—no static passwords, no enrollment and no disruption to the cardholder experience—and, for most transactions, authentication occurs invisibly behind the scenes, through the exchange and evaluation of data. This approach to CNP fraud can decrease fraud rates, boost revenue and help you control costs related to card reissuance, allowing for a more profitable payment and credit portfolio.
