Turkey's Garanti Bank has selected Arcot's TransFort product to deliver Verified by Visa and MasterCard SecureCode authentication services to its merchant customers.
The system initiates and manages the verification process for both the MasterCard SecureCode and the Verified by Visa programmes and includes authentication solutions for issuers and processors as well as merchants.
Savas Sakar of Garanti Bank, syas: "With Arcot’s TransFort product, our e-merchants and card holders who buy products and services on the Internet are assured of the best protection against online fraud."