25 April 2018
visit www.ebaday.com

Experian launches cardholder verification service

01 October 2004  |  3905 views  |  0 card in hand

Credit referencing firm Experian has launched Cardholder Verification, a customer authentication service for online merchants and payment processors.

Experian says the service validates the identity of a consumer conducting card-not-present transactions.

The system utilises the vendor's credit and noncredit verification databases - which contain information on 215 million consumers - to identify high-risk transactions prior to payment authorisation.

The data verified includes identification information, as well as postal, e-mail and IP addresses. Alerts are sent for high risk cardholders, closed accounts and lost or stolen credit cards.

Rick Gallagher, president of Experian Fraud Solutions, says: "Cardholder Verification allows merchants to be confident in the identity of the consumers purchasing on their site, as well as the validity of the credit card being used."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Home office figures show rise in card-not-present fraud

Home office figures show rise in card-not-present fraud

10 January 2003  |  6889 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit http://response.ncr.com

Top topics

Most viewed Most shared
Top tier banks pass first transactions on trade finance blockchainTop tier banks pass first transactions on...
14882 views comments | 21 tweets | 28 linkedin
TransferWise becomes first non-bank to open settlement account with BofE RTGSTransferWise becomes first non-bank to ope...
11464 views comments | 18 tweets | 32 linkedin
'Fake data' will make banks vulnerable - Accenture'Fake data' will make banks vulnerable - A...
9806 views comments | 26 tweets | 36 linkedin
Irish central bank tunes in to fintechIrish central bank tunes in to fintech
8897 views comments | 20 tweets | 21 linkedin
Major card schemes zero in on single 'buy' button for online commerceMajor card schemes zero in on single 'buy'...
8830 views comments | 20 tweets | 36 linkedin

Featured job

(GBP Equivalent) Six-Figure Base + OTE + Benefits
New York City, NY - USA

Find your next job