More than 45 people attended a talk in Valletta this week about importance of secure customer authentication (SCA), 3DS 2.0 and how they fit into payments models in light of upcoming PSD2 regulations. The event was held at the offices of Credorax, a company which describes itself as a licensed NextGen merchant acquiring bank providing cross-border processing for ecommerce and omni channel payments.
During the event, a number of international keynote speakers from Credorax outlined the latest realities on customer authentication regulation, explained which transactions are affected by these regulations and provided a general overview of Credorax’s Smart 3DS product suite. Designed to solve customer authentication and PSD2 payment issues faced by merchants, this latest solution from Credorax utilises the power of AI, data science, and payment fraud prevention technologies. During the event, the speakers also highlighted practical steps that can be taken to ensure these regulations are adhered to easily and seamlessly for the consumer.
Charlon Scicluna, Managing Director of Credorax Malta said: “Staying close to our merchants and advising on their individual needs for regulation or other payment questions has always been a high priority for us. We were happy to host them, share our knowledge and support their needs.”