The latest edition of Oaklen Consulting's Industry Watch highlights several articles on the topic of authentication.
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The latest edition of Oaklen Consulting's Industry Watch highlights several articles on the topic of authentication.
Ravelin measures worldwide the 3DSv1 vs 3DSv2 usage rate, the successful authentication rate and the 3DSv2 frictionless rate.
The results show a very strong disparity between North America and Europe: in North America, 3DSv2 is widely deployed (68%), with a very high authentication rate (99%) and a large majority of frictionless (89%); in Europe, the situation is very different (13%, 55% and 46% respectively)
This explains the interest for e-merchants to rely on service providers who know how to optimize the authentication method applied according to the payer's country.
ERPB reports on the growth in the use of SCT Inst with a 50% increase in the market share of SEPA credit transfers between the first quarter of 2021 and the same period in 2020, bringing the share of SCT Inst in all SEPA credit transfers to 8.6%.
The ERPB notes, however, that there are structural obstacles to the use of the SCT Inst: The multiplicity of CSMs (36 of which 25 via TIPS) requires the mobilization of several pools of liquidity for players who wish to be reachable via several CSMs; Some non-Euro countries still do not have a bank participating in the SCT Inst; Sanctions control is much more penalizing for SCT Inst than for the classic SCT, which leads to much more frequent blockages.
The new version of Android (Android 12 or "Snow Cone") integrates salutary features in the context of payments to avoid displaying fraudulent popup/phishing attempts, activating the NFC antenna without authenticating the wearer, or granting previously opaque permissions.
This is a step towards making mobile payments more fluid while guaranteeing enhanced security.
EBA's Q&A provides new answers on questions related to the application conditions of the strong authentication exemptions.
This demonstrates the extent to which the appropriation of PSD2 by the entire ecosystem is a long-term process.
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