Industries
Payment Services Providers (PSPs)
Payment Service Providers (PSPs) are able to request exemptions to SCA if they can attain target fraud rates.
PSD2, in its article 98 addressed to Payment Services Providers (PSPs), provides that companies shall be exempted from applying Strong Customer Authentication (SCA) based on the level of risk involved in the service provided, therefore underlining the importance of risk scoring.
As the online payments space is reaching a moment of key innovation and evolution, PSPs have to combine the need for a transparent and efficient communication strategy for their increasingly widening customer base and the necessity to be front-runners in providing new transaction methods to make sure that their customers will remain competitive.
Ever more efficient forms of payment
Merchants will keep on searching for newer and better forms of payment in conjunction with the more traditional options. For this reason, PSPs need to guide them through the possible complications and help them set up fitting safeguards to guarantee the integrity of their transactions and their business.
Other industries
Banking / Neobanking
Fintechs have the ability to assist banking and neo banking institutions in their need to identify redundancies, consolidate functions, provide clear messages both internally and externally and efficiently stop financial fraud.
iGaming
New iGaming products are constantly arriving on the market, creating more competition than ever and increasing player expectations. It is now more than ever essential to combine a high level of security and a seamless player experience.