managing sca in scandinavia: a gateway’s experience of bankid · 2019-09-09 · part of valitor...
TRANSCRIPT
Managing SCA in Scandinavia:
A Gateway’s Experience of BankID
Agenda
1. Introduction
2. AltaPay
3. BankID
4. Security online
• Fraud and 3D Secure
• The confusion
• Who benefits from 3D Secure?
• Let the cardholder decide?
• Dynamic 3D Secure
• Conversion killer
5. Future
6. War story
Who we are
Part of Valitor
34
years of experience in
payment services
300+
employees in Hafnarfjörður,
Copenhagen and London
50%
growth in Valitor´s International
revenue
in 2016
31,587
number of new merchants in 2016
Growing
We connect
you with
• Altapay provide optimised
technical connections with
expert 3rd party providers
• Through established relationships
we consult and advise on the
most suitable partners and
negotiate commercial terms
• By managing all your
applications, we streamline KYC
document collection and
submission
AltaPay makes
data less
complicated
• Merchant decides on unique
identifier for each action that is
passed through to reconciliation
reports
• AltaPay offers reconciliation
reports in the API across payment
methods
• Resulting in a reduced workload
and allowing more efficient
processes to be developed
Brands
BankID
NemID to MitID
1999
First pilot of the
digital signature
06FEB
2003
Contract signed
2008
Nets DanID A/S
won the
procurement
01JUL
2010
Product launch
1OCT
2001
Mandatory by
law, project
started
2007
Public
procurement of
new solution
2009
New product
named NemID
22MAR
2017
MitID
announced
The solution
The next version
Security online
Fraud and 3D Secure
Keeping fraudsters at bay with 3D Secure But still being hit by fraud
The confusion
Who benefits?
?
Let the
cardholder
decide
Dynamic 3D
Secure
Conversion killer
With 3DS Without Drop
UK 82.03% 83.65% 1.62%
FR 67.16% 87.00% 19.84%
Future
Hopes
• Enforced sign up on 3D Secure
• Streamlined 3D Secure service
• 2FA that is easy and secure
• Fingerprint verification being the norm
• Easy wallet solutions making paying
online and in store easy
Expectations
• Apple Pay and Android Pay getting
traction in the market
• 3D Secure will become mandatory
• RFID fraud will start appearing more
War story
Nordea Sweden
October 2015
