SWITZERLAND and SINGAPORE - EQS Newswire - 10 January 2022 - Headquartered in Australia
and with operations in more than 27 countries, EML Payments Ltd (EML) provides
an innovative global payment solutions platform, with years of experience in
delivering secure payment solutions. Wherever money is in motion, their agile
technology can power the payment process, so money can be moved quickly,
conveniently, and securely. They work in partnership with their customers
wherever they are, to deliver better outcomes for them. EML has just partnered
with Netcetera, to implement their
state-of-the-art Access Control Server (ACS) including a Risk Based
Authentication (RBA) solution. Netcetera's globally certified 3DS product is a
perfect match for EML, ensuring secure online payments across all card networks
and reducing the risk of fraudulent transactions.
Since early 2021, EML were on the lookout for a reliable ACS provider to
authenticate a high number of online transactions and protect customers against
fraud. Through warm recommendations from payment scheme contacts, they were
referred to Netcetera. The multinational software dynamo with roots in
Switzerland has developed the 3DS Issuer Service with pre-integrated risk
scoring from INFORM. The Netcetera ACS is based on a modular system, has an
integrated Out of Band (OOB) authentication method, a comprehensive reporting
engine, extensive, customizable features, modern and user-friendly
administration portal, and standardized web services & API's enabling
faster onboarding, which was just what EML was looking for.
As an EMVCo associate and
market leader for secure payments with 3-D Secure products that are certified
with all major card networks, Netcetera operates a PCI DSS- & PCI
3DS-certified system, complying with the highest security standards. Netcetera
was an obvious choice for EML. Over 30 million cards worldwide are protected by
their 3-D Secure Issuing Service, which allows frictionless online payment
while authenticating transactions securely across all channels and devices,
thus preventing online fraud. With over 20 years of serving customers all over
the globe, Netcetera has combined experience with innovation and staying ahead
of the curve.
Both companies are thrilled
about the new collaboration, with EML's Group Fraud Manager, Patrick
O'Shaughnessy, commenting "I am very pleased to welcome Netcetera as our
ACS+RBA provider. Netcetera's product guarantees payment security and has added
a highly effective card-not-present authentication solution to our offer."
Head of APAC Sales & Partnerships, Nitin Palande says "As an
independent technology provider, we pride ourselves on offering the best new
solutions on the market. We think about how the latest technology can support
card issuers and banks' needs and requirements in a fast-changing market".
File: Media release Netcetera EML
The issuer is solely responsible for the content of this announcement.