By now, we’ve been through the larger details and the minor intricacies within the Visa Delegated Authentication (VDA) program. We hope that you’ve been able to soak up this information and, more importantly, understand it and what it means for you and for the entire industry going forward.
We believe that data is perhaps the most crucial piece of the authentication puzzle. Without it, fewer transactions get authenticated, and subsequently authorized, fewer consumers are happy at the end of the day, merchants are often left feeling frustrated and issuers are stuck making decisions without all of the possible information at their disposal.
The deadline for PSD2 SCA is approaching – in less than four months, which means big changes are coming in the digital commerce world. Much like EMV® 3-D Secure, PSD2 SCA utilizes data to make a difference, and to make life easier for merchants, issuers and consumers.