WorldPay, one of the world's leading payment service providers, has announced it is collaborating with RSA, The Security Division of EMC and a market-leader in authentication, to support the cardholder verification processes in the US and UK when RSA provides RSA Adaptive Authentication for eCommerce authentication services for major card associations.
Through the collaboration, RSA is planning to incorporate technology from WorldPay to help verify hundreds of thousands of online payment card transactions on a daily basis.
As part of RSA's ecommerce security services, RSA now incorporates the WorldPay Risk Guardian platform, one of the leading ecommerce platforms in the industry, to help it process card owner verification checks.
The WorldPay Risk Guardian platform is able to perform security checks at a number of points during an individual ecommerce transaction, allowing for fast and accurate identity verification that is vital in helping online retailers and issuing banks to combat fraud and increase profits.
The WorldPay Risk Guardian platform is also assisting RSA during registration of cardholders in the Adaptive Authentication for eCommerce Secure program, allowing consumers to register their payment card details in a secure environment before cardholder identity is checked with the individual's bank.
Gabriel Hopkins, Head of eCommerce Products at WorldPay comments: "RSA's decision to choose WorldPay to help support its card verification processes in the US and UK is testament to our reputation as one of the market leaders in ecommerce transactions. This credibility has been built on the provision of cutting edge technology and we look forward to strengthening our relationship with RSA in the future, as well as working with other partners which need robust and rapid identity corroboration technology."
Sam Curry, Chief Technology Officer for Marketing at RSA, The Security Division of EMC commented: "The speed and scalability of WorldPay's security products set the company apart and made choosing them an easy decision. As the premier provider of security solutions for growing businesses, RSA's clients depend on us to solve complex and sensitive security challenges. To do this effectively we need a technology partner with proven credentials and have certainly found this level of expertise and proven experience in WorldPay and its Risk Guardian product."