Fraud & Risk
Turning PSD2 from a Threat to an Opportunity
The forthcoming second Payment Services Directive, or PSD2, is introducing several significant changes to how payment services and eCommerce payments are handled in the European Union. In this Solution Brief from iovation, the company provides a brief overview of PSD2 and explains three of the key changes. Next, the mandates around strong consumer authentication (SCA) are described, including recommendations on how businesses can turn authentication into a competitive advantage. A section on risk-based transaction analysis is included, along with details on iovation's LaunchKey and ClearKey authentication solutions.