Live Webinar
Date: Wednesday, February 24, 2021 
Time: 10 AM EST | 3 PM GMT

Implementing FIDO for PSD2 Delegated Authentication: Reducing Abandonment, Increasing Transactions, and Lowering Cost

Credit card fraud is expected to exceed $35 billion by 2023. European regulatory requirements, including the Second Payment Services Directive (PSD2) Strong Customer Authentication (SCA) and GDPR are aimed at reducing fraud and the theft of private identifiable information (PII). Recent implementations of EMVCo.’s 3DS and 3DS2 protocols to authenticate cardholders and facilitate transaction authorization, have interrupted the online check-out and bank transaction processes, resulting in abandonment, lower transactions, and customer dissatisfaction. FIDO is an authentication protocol that can simplify the cardholder and customer authentication process to reduce abandonment, transaction time, and fraud.

Join StrongKey for the third installment of our PSD2 webinar series focusing on the business-side of PSD2 SCA compliance. This webinar will focus on the business benefits of adopting FIDO, including:

  • Improving the user experience for online payments and banking transactions
  • Reducing cart and transaction abandonment
  • Increasing differentiation and brand preference through payment technology innovation
  • Reducing the risk of fraud and increasing transaction volume
  • Lowering the cost of authentication and cardholder verification
  • Capitalizing on open banking initiatives

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