Upon commencement of the service, Arcot assigns a 3DS consultant to the issuer. 3DS consultants have deep expertise in both the 3DS protocol and the Arcot payment authentication service. 3DS consultant will continuously assess an issuer’s active ruleset, monitor transactions for fraud, and make real-time changes to the Arcot service as needed. 3DS consultant becomes an extension of an issuer’s fraud team, acting as an embedded 3DS subject-matter expert (SME). They spend all day, every day using the Arcot Network to optimize an issuer’s authentication strategy - using data to measure results, identify trends, and implement changes.
BONUS: Services credit of $150K USD! Issuers that subscribe to 3DS Program Management will receive $150K USD of service credits to be used at the discretion of the issuer. Examples include: Biometric/device id integrations, trusted beneficiary, and in-app authentication (OOB).
Increased Authentication Success Rates
Higher authentication success rate (ASR) gives a good cardholder experience. No one likes being declined and, when a cardholder is declined, they are more likely to switch to an alternate card for a second attempt. Higher ASR increases the issuer’s revenue from a combination of more interchange revenue from debit cards and the ability to charge more interest on credit balances. Schemes are closely monitoring these thresholds and they view them as a critical metric for the success of their payments program.
Increase the authentication success rate by implementing the Arcot Fortress ruleset. This is a score-first strategy, where the Arcot predictive score is used as a foundation for fraud detection. The score is used to find the majority of the fraud, and supplemented with expert rules for targeted fraud patterns.
Reduced Challenge Rates
Improve cardholder experience with less friction for transactions. Every challenge has a cost; whether it’s for SMS delivery or a push to a mobile-app, so it is most cost-effective to only challenge the right transactions.
Reduce the challenge rates by application of a robust risk-based strategy to apply frictionless authentication wherever possible and via extensive use of exemptions.
Increased Fraud Mitigation
Higher authentication success rate (ASR) gives a good cardholder experience. No one likes being declined and, when a cardholder is declined, they are more likely to switch to an alternate card for a second attempt. Higher ASR increases the issuer’s revenue from a combination of more interchange revenue from debit cards and the ability to charge more interest on credit balances. Schemes are closely monitoring these thresholds and they view them as a critical metric for the success of their payments program.
Increase the authentication success rate by implementing the Arcot Fortress ruleset. This is a score-first strategy, where the Arcot predictive score is used as a foundation for fraud detection. The score is used to find the majority of the fraud, and supplemented with expert rules for targeted fraud patterns.
Improve cardholder experience with less friction for transactions. Every challenge has a cost; whether it’s for SMS delivery or a push to a mobile-app, so it is most cost-effective to only challenge the right transactions.
Reduce the challenge rates by application of a robust risk-based strategy to apply frictionless authentication wherever possible and via extensive use of exemptions.
