Nok Nok Labs is working with Netcetera to assist companies meet the rising demand for safe digital cost choices. Their joint answer will mix Nok Nok’s S3 Authentication Suite with Netcetera’s 3D Safe cost applied sciences.
The consequence will probably be a complete cost product that permits organizations to adjust to the newest 3DS 2.x protocols, and with the incoming PSD2 necessities for Sturdy Buyer Authentication. The S3 Authentication Suite will assist with the latter, offering prospects with passwordless authentication expertise that lives up to the strict FIDO standard. The joint answer can even assess the extent of threat related to every transaction.
The 2 firms famous that the volume of digital transactions has increased through the COVID-19 pandemic, which has in flip created extra urgency for e-commerce suppliers. Nok Nok and Netcetera’s Delegated Authentication answer can scale upward to cowl cell and cloud channels, whereas concurrently eradicating friction from the cost course of with one-click authentication. In doing so, it makes buyers much less prone to abandon their purchases, and offers them a handy approach to entry monetary apps and companies on just about any system.
“Combining options from Nok Nok and Netcetera makes it simpler for cost processors and retailers to supply compliance, safety and comfort on the identical time,” stated Netcetera Digital Funds Advertising and marketing & Innovation Director Kurt Schmid.
“World banking rules and COVID-19 shopping for habits are rushing the demand for safe and easy-to-use authentication options,” added Nok Nok Chief Enterprise Improvement Officer Walter Beisheim. “Nok Nok and Netcetera can now provide a buyer expertise that doesn’t interrupt the transaction whereas nonetheless assembly world rules for threat.”
Netcetera just lately fashioned the same payments partnership with Entrust. Nok Nok, in the meantime, launched an updated version of its S3 Authentication Suite in July that supplied higher help for good watches. The S3 Suite has additionally been built-in into the ForgeRock Identity Platform.
(Initially posted on Mobile ID World)