managing sca in scandinavia: a gateway’s experience of bankid · 2019-09-09 · part of valitor...
TRANSCRIPT
![Page 1: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/1.jpg)
Managing SCA in Scandinavia:
A Gateway’s Experience of BankID
![Page 2: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/2.jpg)
Agenda
1. Introduction
2. AltaPay
3. BankID
4. Security online
• Fraud and 3D Secure
• The confusion
• Who benefits from 3D Secure?
• Let the cardholder decide?
• Dynamic 3D Secure
• Conversion killer
5. Future
6. War story
![Page 3: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/3.jpg)
![Page 4: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/4.jpg)
Who we are
![Page 5: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/5.jpg)
Part of Valitor
34
years of experience in
payment services
300+
employees in Hafnarfjörður,
Copenhagen and London
50%
growth in Valitor´s International
revenue
in 2016
31,587
number of new merchants in 2016
![Page 6: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/6.jpg)
Growing
![Page 7: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/7.jpg)
We connect
you with
• Altapay provide optimised
technical connections with
expert 3rd party providers
• Through established relationships
we consult and advise on the
most suitable partners and
negotiate commercial terms
• By managing all your
applications, we streamline KYC
document collection and
submission
![Page 8: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/8.jpg)
AltaPay makes
data less
complicated
• Merchant decides on unique
identifier for each action that is
passed through to reconciliation
reports
• AltaPay offers reconciliation
reports in the API across payment
methods
• Resulting in a reduced workload
and allowing more efficient
processes to be developed
![Page 9: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/9.jpg)
Brands
![Page 10: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/10.jpg)
BankID
![Page 11: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/11.jpg)
NemID to MitID
1999
First pilot of the
digital signature
06FEB
2003
Contract signed
2008
Nets DanID A/S
won the
procurement
01JUL
2010
Product launch
1OCT
2001
Mandatory by
law, project
started
2007
Public
procurement of
new solution
2009
New product
named NemID
22MAR
2017
MitID
announced
![Page 12: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/12.jpg)
The solution
![Page 13: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/13.jpg)
The next version
![Page 14: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/14.jpg)
Security online
![Page 15: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/15.jpg)
Fraud and 3D Secure
Keeping fraudsters at bay with 3D Secure But still being hit by fraud
![Page 16: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/16.jpg)
The confusion
![Page 17: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/17.jpg)
Who benefits?
?
![Page 18: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/18.jpg)
Let the
cardholder
decide
![Page 19: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/19.jpg)
Dynamic 3D
Secure
![Page 20: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/20.jpg)
Conversion killer
With 3DS Without Drop
UK 82.03% 83.65% 1.62%
FR 67.16% 87.00% 19.84%
![Page 21: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/21.jpg)
Future
![Page 22: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/22.jpg)
Hopes
• Enforced sign up on 3D Secure
• Streamlined 3D Secure service
• 2FA that is easy and secure
• Fingerprint verification being the norm
• Easy wallet solutions making paying
online and in store easy
![Page 23: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/23.jpg)
Expectations
• Apple Pay and Android Pay getting
traction in the market
• 3D Secure will become mandatory
• RFID fraud will start appearing more
![Page 24: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/24.jpg)
War story
![Page 25: Managing SCA in Scandinavia: A Gateway’s Experience of BankID · 2019-09-09 · Part of Valitor 34 years of experience in payment services 300+ employees in Hafnarfjörður, Copenhagen](https://reader034.vdocuments.site/reader034/viewer/2022050117/5f4ddb00dcd9406e29742c80/html5/thumbnails/25.jpg)
Nordea Sweden
October 2015