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First Atlantic Commerce to participate in Combating Cybercrime conference in London, UKcGate® SecureRisk is a comprehensive suite of consumer
pre-authentication solutions aimed at reducing online payment fraud,
enhancing real-time payment fraud reporting, and mitigating Internet
payment related risks for both bank acquirers and online businesses. cGate®
SecureRisk includes North American Address Verification Services (AVS),
Card Verification match checks (CVV2/CVC2), Amex CID match checks,
worldwide 3-Dâ„¢ Secure solutions, IP Geolocation and Geocompliance
services, and the company's newest product, cGate® Validate – a
unique Card Account Confirmation service. All of the FAC consumer
authentication solutions can be implemented without performing a
payment authorisation request, allowing the requests to be confidential
and anonymous.cGate® Validate enables banks and online
businesses to validate the consumer is in possession of both the
physical card, and the billing statement, when an online account is
established. Cardholders are required to verify the amount, and the
billing statement description of a particular transaction amount, and
confirm the details at the participating merchant's web site, or
customer service centre, in order to be confirmed as a legitimate
cardholder. The payment transaction request does not disclose the name
of the actual merchant performing the request, which makes it a unique
service."We will be promoting our suite of risk management
products at Combating Cybercrime and ICEi to all industries that are
the target of online credit card fraud," says Andrea Wilson, CEO of
FAC. "This includes online merchants, acquiring banks, payment
processors and online financial service providers – many of whom
attend this international event."The Combating Cybercrime conference takes place at Earls Court in London on January 27, 2009.FAC's
multi-currency 3-Dâ„¢ Secure solutions, including Verified by Visa and
MasterCard® SecureCode™, are available as a standalone service to
acquiring banks and merchants who wish to identify if the cardholder
(or Issuer) is participating in 3-Dâ„¢ Secure in advance of the actual
payment request, which may be conducted through another processor. The
service is available without payment authorisation requests. FAC's
3-Dâ„¢ Secure only solution can be implemented independently of payment
gateway transaction services, providing more flexibility to acquirers
and payment processors for up front consumer and Issuer screening.cGate®
SecureRisk services are available to merchants and acquirers around the
world. "Merchants and banks will have an immediate benefit with a
reduction in online transactional risk," said Tricia Lines Hill, VP of
Marketing & Corporate Communications. "Flexibility, and meeting
and supporting the risk management objectives of our clients, is the
ultimate goal of this comprehensive suite of products." |
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