We are proud to announce that Asseco SEE successfully completed the EMVCo testing and received the EMVCo Letter of Approval for the TriDES2 Access Control Server aligned with the EMV® 3-D Secure v2.1 standard. The TriDES2 Access Control Server enables card issuing banks to provide ultimate fraud protection to their end users, while ensuring convenient and frictionless user experience during online payment.
By launching this newly developed product, Asseco SEE responded to the new technology standard in regard to the provision of secure online payments in web-based and mobile app-based online shops. In November 2016 EMVCo published the EMV® 3-D Secure protocol which superseded the fifteen-year-old and technologically outdated 3D Secure v1.0.2. Following the new standard requirements, the TriDES2 Access Control Server introduces up-to-date technologies, such as support for mobile purchase and payment applications, Transaction Risk Analysis, Risk Based Authentication and Biometry Authentication. The deployment of these technologies will increase online payment security, reduce online payment fraud expenses, but at the same time it will improve user experience during online shopping, thus generating additional revenue for issuing financial institutions.
Find out more about Asseco SEE’s TriDES products and services at 3dsecure.asseco.com
The Asseco SEE Group (ASEE Group) is the largest operator in South-Eastern Europe in terms of revenue derived from sales of its software and services and a top player in banking. We came into being as a result of the integration of the experience, knowledge and solutions of major, segment leading IT companies operating in the SEE region and in Turkey. ASEE Group, which is listed on the Warsaw stock exchange, was founded in April 2007. With more than 1550 dedicated employees in the region, the Group, which includes Asseco SEE and Payten, operates in 13 countries and trades actively in other markets, which cumulatively comprise 176 million people and 8 languages.
EMVCo is an organization which facilitates worldwide payment interoperability and acceptance of secure payment transactions by managing and evolving the EMV® Specifications and related testing processes. It is overseen by six member organizations—American Express, Discover, JCB, Mastercard, Union Pay, and Visa—and supported by dozens of banks, merchants, processors, vendors and other industry stakeholders.